Friday, September 7, 2012

No Idaho Falls Albertsons stores slated for closing

The Albertsons store in the Ammon Town Square.

The three Albertsons stores in the Idaho Falls area are not among 27 of the retail grocery outlets being closed by parent company Supervalu Inc.
Supervalu spokesman Mike Siemienas told the Twin Falls Times News that 19 of the Albertsons to be shuttered are in Southern California. The other eight are in Oregon and Washington, he said.
Supervalu announced Wednesday it will close about 60 “underperforming or non-strategic” stores to save $35 million in the next year and an estimated $80-$90 million over the next three years. Most closures will occur by Dec. 1, although a few stores will remain open until February 2013, according to a company news release.
Several Save-A-Lot stores along with four ACME stores and one previously announced Jewel-Osco location are being closed in addition to the Albertsons outlets.
Besides the stores named for closure Wednesday, eight more Supervalu stores also are slated for closure. However, the company cannot release details about those outlets at this time due to ongoing contractual discussions, Siemienas said.
Supervalu Inc. has annual sales of approximately $35 billion, the news release said. The network includes 4,400 stores.