Wednesday, June 20, 2007

ALBERTSONS LEAVES THE OK STATE

Albertsons is reportedly leaving Oklahoma where it plans to sell 23 stores and close 3 others. A number of locations are being purchased by Homeland Inc. and Williams Discount Foods. In addition, Albertsons is also selling its Forth Worth distribution center to Associated Wholesale Grocers.

Officials say they expect new owners to keep most of the current employees, but will offer a severance package to eligible workers who are laid off.