ALBERTSON'S EXPECTING SQUEEZE IN SECOND HALF

BOISE, Idaho -- Surprising industry observers, Albertson's here last week said it expects its increased investment in customer service, home meal replacement, employee training and competitive promotions to squeeze second-half results.The 801-store chain said it projects third- and fourth-quarter earnings to virtually mirror year-ago results -- in excess of $100 million, or 42 cents per share, for

BOISE, Idaho -- Surprising industry observers, Albertson's here last week said it expects its increased investment in customer service, home meal replacement, employee training and competitive promotions to squeeze second-half results.

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