Albertsons Getting More Competitive

PHOENIX Morale is up at the stores operated by Albertsons LLC, Boise, Idaho, and performance levels have accelerated, according to Bob Colgrove, president of the chain's Southwest division. Based here, the division is part of the original Albertsons chain whose underperforming assets were acquired last June by Cerberus Capital Management and four real estate partners. Colgrove, a 32-year Albertsons

PHOENIX — Morale is up at the stores operated by Albertsons LLC, Boise, Idaho, and performance levels have accelerated, according to Bob Colgrove, president of the chain's Southwest division. Based here, the division is part of the original Albertsons chain whose underperforming assets were acquired last June by Cerberus Capital Management and four real estate partners. Colgrove, a 32-year Albertsons veteran, headed the chain's Dallas-Fort Worth division prior to the c

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