Albertsons, Supervalu extend transitional services agreement

BOISE, Idaho Albertsons announced that it has reached an agreement with Supervalu, which allows Albertsons the option to extend the transitional services agreement through Dec. 31, 2014. The TSA was originally signed in June 2006 when the respective companies purchased portions of Albertsons.

Through the TSA, Albertsons has a relationship with Supervalu, where a series of infrastructure services are provided. The purpose of the TSA is to provide Albertsons with the necessary back office infrastructure to run the business efficiently.