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How tech icon Meg Whitman is already leaving her mark on grocery giant Albertsons
The grocer is losing out to Walmart, Costco, and Kroger.
It’s never a good sign when a company pulls its financial forecasts mid-turnaround. But Albertsons did just that on Tuesday in the first clear sign of how deeply newly appointed Executive Chairman Meg Whitman plans to overhaul the struggling grocery chain. Albertsons—which in addition to its namesake stores operates another 21 chains including Safeway, Vons, Jewel-Osco, Tom Thumb, and Randalls—said that net sales slipped to $18.9 billion in its second…
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