Remodels Boost Albertsons: Noddle

NEW YORK Supervalu is seeing more upside from remodeling its Albertsons stores in Southern California than it anticipated when it acquired them, Jeff Noddle, chairman and chief executive officer, said here last week. Most of those stores had not been touched in 10 years, he said at the Bear Stearns 13th Annual Retail, Restaurant & Consumer Conference. Albertsons had put money into technology and systems

NEW YORK — Supervalu is seeing more upside from remodeling its Albertsons stores in Southern California than it anticipated when it acquired them, Jeff Noddle, chairman and chief executive officer, said here last week.

“Most of those stores had not been touched in 10 years,” he said at the Bear Stearns 13th Annual Retail, Restaurant & Consumer Conference.

“Albertsons had put money into technology and systems but not much against consumers. But from the early results we've

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