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Albertsons-Safeway merger officially closes
Boise, Idaho - Albertsons LLC and Safeway Inc. have completed their proposed merger, ending a nearly year-long process that began in March 2014. AB Acquisition LLC, the owner of Albertson's and New Albertson's, Inc., will acquire all outstanding shares of Safeway.
The merger will create a diversified network that includes 2,230 stores, 27 distribution facilities and 19 manufacturing plants with more than 250,000 employees across 34 states and the District of Columbia.
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DSW shifts exec roles, responsibilities
Columbus, Ohio - DSW Inc. is shifting titles and responsibilities to its executive ranks, with all changes effective Feb. 2. Carrie McDermott, currently executive VP, sales and operations, will be appointed executive VP and COO.
In addition, Bill Jordan, currently executive VP and general counsel, will be appointed executive VP and chief administrative officer, adding IT to his portfolio of responsibilities.

