JOHNSTON A STRATEGIST, NOT A RETAILER

BOISE, Idaho - Larry Johnston, chairman, president and chief executive officer of Albertsons here, was more interested in the big picture and less concerned with store-level nuts-and-bolts, according to industry observers contacted by SN.Johnston joined the company in 2001 after a career at General Electric and swiftly slashed Albertsons' store base and implemented several technology initiatives.

BOISE, Idaho - Larry Johnston, chairman, president and chief executive officer of Albertsons here, was more interested in the big picture and less concerned with store-level nuts-and-bolts, according to industry observers contacted by SN.

Johnston joined the company in 2001 after a career at General Electric and swiftly slashed Albertsons' store base and implemented several technology initiatives. He said in September 2005 that the company was approaching its "endgame" and that it was

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