ALBERTSON'S HIKES CAP-EX, CITES SAVINGS AT AMERICAN

BOISE, Idaho -- Albertson's here said last week it plans to accelerate its remodeling program as a result of discovering unanticipated efficiencies from its merger in June with Salt Lake City-based American Stores Co.Those comments came in the wake of the release of the chain's financial results for the second quarter and 26 weeks ended July 29, which showed increases in sales and earnings before

BOISE, Idaho -- Albertson's here said last week it plans to accelerate its remodeling program as a result of discovering unanticipated efficiencies from its merger in June with Salt Lake City-based American Stores Co.

Those comments came in the wake of the release of the chain's financial results for the second quarter and 26 weeks ended July 29, which showed increases in sales and earnings before merger-related costs.

As a result of finding greater efficiencies than anticipat

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