Albertson's

BOISE, Idaho -- Shares of Albertson's, Inc. tumbled yesterday to 15-month lows after the retailer reported fourth quarter earnings that fell below expectations. Shares on the New York Stock Exchange dropped 4.31 percent, closing at $19.97.

CINCINNATI and BOISE, Idaho -- Like many other public companies in the supermarket retailing community, The Kroger Co. and Albertson's Inc. here said yesterday they would restate their financial results after determining that their accounting for leases was not in conformity with the new accounting principles (GAAP) published by the Securities and Exchange Commission.

CINCINNATI and BOISE, Idaho -- Like many other public companies in the supermarket retailing community, The Kroger Co. and Albertson's Inc. here said yesterday they would restate their financial results after determining that their accounting for leases was not in conformity with the new accounting principles (GAAP) published by the Securities and Exchange Commission.

Progressive Grocer salutes three standout retail meat programs that are corralling consumers into the department.

BOISE, Idaho - Albertsons, Inc. said yesterday that Larry D. Wahlstrom has been appointed president of its Jewel-Osco division, succeeding Pete Van Helden, who was recently named president and c.e.o. of the company's newly formed California Food Division.

BOISE, Idaho - Albertsons, Inc. has been hit by a suit from San Diego, Calif.-based consumer advocacy group Privacy Rights Clearinghouse, which accuses the retailer of selling prescription information to drug companies without informing customers.

BOISE, Idaho - First Candle/Sudden Infant Death Syndrome (SIDS) Alliance has joined with Albertsons, Gerber, Johnson & Johnson, Procter & Gamble, and Ross Products, to boost awareness of SIDS during September, Baby Safety Month.

BOISE, Idaho - Citing the residual impact of the Southern California labor dispute, Albertsons, Inc. reported lower second quarter profits yesterday and provided guidance for the current quarter that fell below Wall Street forecasts.