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chief operating officer Wayne Denningham

The rise of Albertsons Cos.

The rise of Albertsons Cos.

BOISE, Idaho — What Albertsons Cos. has been able to accomplish in a little over a decade is truly remarkable. The prospects for the business were somewhat uncertain when it was established in June 2006. A group of investors led by Cerberus Capital Management created the company by purchasing 661 supermarkets as part of the