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AFS Members 'See the Benefits' of Albertsons Buy: King

Even though most of the 36 Albertsons stores that Associated Food Stores has agreed to buy will compete with independent AFS customers, the members of the co-op have been supportive of the deal, Dick King, senior vice president of AFS, told SN.

SALT LAKE CITY — Even though most of the 36 Albertsons stores that Associated Food Stores has agreed to buy will compete with independent AFS customers, the members of the co-op have been supportive of the deal, Dick King, senior vice president of AFS, told SN.

"Anything that will grow Associated Food Stores, that's what we're after," he said, noting that the increased volume will boost the buying power of the co-op significantly. "They see the benefits of [the transaction.]"

He said that although the wholesaler could eventually seek to sell some of the stores to its independent customers, any such deals would be a few years away.

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