US retailer Albertsons LLC has unveiled the leadership team that plans to take the helm, following completion of a deal to acquire a number of stores from Supervalu stores.

Albertsons plans to expand its store network through the acquisition of 877 outlets from ailing supermarket group Supervalu. Albertsons will take on the Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market stores currently operated by Supervalu in a deal worth US$100m in cash plus the assumption of approximately $3.2bn in debt.

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Following completion, Alberstons said its new divisional leadership team will be made up of a “combination of internal talent and external expertise”.

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