Robert Campagnino
Robert Campagnino
admission among business company decision favorite name performing
Albertsons was our least favorite name among the conventional grocers, and we see this decision by the company as an admission that the business isn't performing particularly well.
actions class defeating lights remaining scattered useful
We see these developments as tremendously useful in defeating the remaining lights class actions scattered around the country.
asset balance base both company environment facing improve major price proceed proceeds sales store
We think the company is facing a challenging environment in which both of its major competitors -- Kroger and Safeway -- have made substantial improvements in price and quality. Albertson's must proceed with asset sales and use the proceeds to improve its store base and/or balance sheet.