Boise ID-
By Jordan Okumura
01.11.13
With Supervalu announcing that it has entered into a definitive agreement to sell five of its retail grocery banners to a Cerberus-led investor group, Albertson's is taking steps to ensure that the company's vendors will remain informed and aware during the coming transition.
The sale of Supervalu’s primary retail banners will reunite Supervalu’s Albertsons stores with the Albertsons stores operated by Albertsons LLC; owned by Cerberus.
There are many questions to be answered: What will the vendor/retailer relationship moving forward? Will business continue as usual? Will contracts change?
AndNowUKnow has learned that Albertson's is looking to keep everyone on the same page by providing a convenient, central location for vendors to find information, news, and FAQs. The company has launched an Albertsons LLC Vendor Communications community. The community gives members 24 hour access to the latest information.
Albertson's is continuing to operate as usual with all vendor programs, processes, and contacts remaining the same. The transaction is slated to close in March 2013.
