Land grab

Tarnowski, Joseph
April 2006
Progressive Grocer;4/15/2006, Vol. 85 Issue 6, p41
Trade Publication
The article assesses the implications of the operation of Albertson's units by Cerberus Capital Management for the Northern California grocery industry in 2006. Retail industry consultant David Diamond, thinks the notion of New York-based Cerberus unloading Northern California is a distinct possibility. Diamond expects Cerberus to keep, fix and sell these divisions as freestanding chains, possibly shuttering the warehouse and using Supervalu as the wholesaler.


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