ALBERTSON'S LOOKING TO CUT COSTS: NEW CEO

BOISE, Idaho -- Albertson's here said last week it is pursuing five strategic imperatives to leverage its strengths and reach its full potential, including the imposition of aggressive cost and process controls, according to Larry Johnston, chairman and chief executive officer.The other four imperatives described by Johnston were: maximizing return on invested capital by evaluating every asset in

BOISE, Idaho -- Albertson's here said last week it is pursuing five strategic imperatives to leverage its strengths and reach its full potential, including the imposition of aggressive cost and process controls, according to Larry Johnston, chairman and chief executive officer.

The other four imperatives described by Johnston were: maximizing return on invested capital by evaluating every asset in the company, reinvesting the money saved from the expense and process control programs b

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