Albertsons-Savon Remodels Complete in El Paso

Aug 21, 2003

By George Anderson

Albertsons says it has completed remodels to offer a complete food store and
a complete drug store shopping experience under one roof at all eight of its
El Paso, Tx. stores.

The units, which combine Albertsons and Savon, have added 10,000 new drug store
items to those previously carried in the single Albertsons banner locations.

“Albertsons is the only retailer in America that has a solid, well-established
reputation for both grocery and drug store brands,” said Jim Rice, Albertsons
Southwest Division president in a released statement. “The conversions to dual-branding
demonstrates a major commitment by our company to become the food and drug store
of choice for El Paso shoppers.”

Moderator’s Comment: What are your thoughts on Albertsons’
expanded food and drug store format?

Albertsons has continued to lose ground (as has pretty
much everyone else) against Wal-Mart’s Supercenters. The Jewel-Osco, Albertsons-Savon
concept sounds good but may still not be a match against a bigger and lower-priced
Anderson – Moderator

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