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▲ ▲ ▲ ▲ ▲ ▲ ▲ ▲ ▲ ▲ ▲ ▲ ▲ ▲ ▲ ▲ ▲ ▲ ▲ ▲▲ ▲ ▲ ▲ ▲ ▲ ▲ INSIDE ▲ TAKING THIS ISSUE STOCK by Jeff Metzger Food Trade Jim Donald: We Hardly Knew Ye That Jim Donald will be stepping down as CEO of Albertsons on April Allegiance/PSK Revive 25, seven months after he accepted the position and 13 months after Pathmark Banner With he rejoined the large Boise, ID-based retailer after 27 years, shouldn’t be New Brooklyn, NY Unit surprising. 30 After all, the catalyst for Donald to come back to Albertsons in March 2018 was Bob Miller, then chief executive of the supermarket chain and one of the greatest leaders in the supermarket business of the past 50 years. In the nearly 30 years that I’ve known Jim, he has often mentioned that he’s learned more from Miller (now chairman emeritus) about the grocery business than anybody else. Jim considers him a mentor. So, as Albertsons began the process of attempting to complete a Price Rite Marketplace A PUBLICATION OF BEST-MET PUBLISHING, INC. merger with Rite Aid, Miller called on his old protégé to help run Albert- Revamps Five Discount Supermarkets In CT NVOL. 75 NO. 4 ewsSPECIALTY FOODS ISSUE APRIL 2019 See TAKING STOCK on page 6 32 Donald To Become Co-Chairman Of Large Chain Acme Bullish On ‘19 Initiatives; Sankaran Is Albertsons New CEO It’s been a busy month at Alb- mately 250 suppliers, brokers and weeks. Those stores that will be ertsons, which announced that distributors, was president Jim upgraded are located in: Newark, Jim Donald will be leaving his Perkins. The veteran Albertsons DE; Smyrna, DE; Ogletown, DE; post as president and chief execu- executive, who began with the re- Pike Creek, DE; Mount Freedom, tive April 25 to become co-chair- tailer in 1982 and also serves as a NJ; Woodbury, NJ; Freehold, NJ; man of the company.
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