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Albertson's Inc. (ABS) Message Board

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  • absisdeadinthewater absisdeadinthewater Sep 4, 2005 5:57 PM Flag


    You would be better off buying almost any other stock than this one.

    No one wants their buildings because they are either too small or too big for the updated food retailer configurations, demographics and market competition.

    They have outdated fixtures and their systems are a mess. The pharmacy end of the business has been losing market share for years. Their sales trending worse than almost any other food retailer.

    Whole Foods, Costco and Walmart are the big players. A good foreign company would avoid ABS like the plague. They might enter one market buying a few stores, but that is it.

    Add to that anyone left at ABS worth their salt will be getting out quickly. If you think you have value in the marketplace you must start looking now and leave before the shit hits the fan and thousands of out of work ex ABS employees are looking.

    Yes the boys at the top screwed the bttom 99% again... and things will get worse from here