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Albertsons chairman and chief executive officer Bob Miller

Albertsons Cos.’s sales edge up in first quarter

Albertsons Cos.’s sales edge up in first quarter

BOISE, Idaho — Albertsons Cos. posted a sales increase of 1%, to $18.7 billion, during the 16-week fiscal first quarter ended June 16. The company attributed the $193.4 million increase in sales mainly to higher fuel sales (up $154.1 million). Same store sales for the quarter were up 0.2%. Gross profit margin increased to 27.7%

Albertsons taps Turner as senior advisor

Albertsons taps Turner as senior advisor

BOISE, Idaho — Albertsons Cos. said Monday that it has appointed former Microsoft chief operating officer Kevin Turner to serve as vice chairman of the board of managers at its direct parent company, AB Acquisition LLC. Turner will also serve as senior advisor to Albertsons chairman and chief executive officer Bob Miller. Turner brings extensive