Albertsons 2006 Annual Report Download - page 11

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ITEM 2. PROPERTIES
Retail Food Operations
The following table is a summary of the corporate retail stores operated by the company under its principal
retail formats as of February 25, 2006:
Retail Format Banner
Location and Number
of Corporate Stores
Square
Footage
Owned
(Approximate)
Square
Footage
Leased
(Approximate)
Extreme Value
Stores
Save-A-Lot1Alabama (1), Arkansas (1), California (16),
Connecticut (6), Delaware (5), Florida (75),
Georgia (16), Illinois (15), Louisiana (10),
Maryland (14), Massachusetts (7), Mississippi (4),
Missouri (11), New Jersey (9), New York (7),
Ohio (33), Pennsylvania (25), Rhode Island (3),
South Carolina (3), Tennessee (5), Texas (13),
Vermont (1), Virginia (10), Wisconsin (2)
450,000 4,041,000
Deals2Alabama (3), Arkansas (5), Georgia (3), Illinois
(22), Indiana (14), Iowa (2), Kansas (6), Kentucky
(12), Michigan (1), Missouri (27), Ohio (31),
Oklahoma (3), Pennsylvania (2), Tennessee (5),
West Virginia (1), Wisconsin (1)
— 1,494,000
Save-A-Lot
Distribution
Centers
California (1), Florida (1), Georgia (1), Illinois (1),
Indiana (1), Kentucky (1), Louisiana (1), Maryland
(1), Michigan (1), Missouri (1), New York (1),
Ohio (2), Tennessee (1), Texas (1), Wisconsin (1)
3,013,000 1,795,000
Price Superstores Cub Foods3Illinois (3), Iowa (3), Minnesota (39), Wisconsin
(7)
1,683,000 1,953,000
Shoppers
Food &
Pharmacy
Delaware (1) Maryland (39), Virginia (22) — 3,482,000
Shop ’n Save4Illinois (14), Missouri (22), Pennsylvania (12) 471,000 2,128,000
bigg’s Indiana (1), Kentucky (1), Ohio (11) 158,000 1,292,000
Supermarkets Farm Fresh North Carolina (1), Virginia (39) — 1,897,000
Scott’s Indiana (18) 293,000 690,000
Hornbacher’s Minnesota (1), North Dakota (4) 107,000 113,000
Sunflower Indiana (1) — 13,000
1Excludes 862 Save-A-Lot stores that are licensed by independent retailers.
2On March 29, 2006, subsequent to fiscal 2006, the company sold all Deals stores.
3Excludes 31 Cub Foods stores that are franchised by independent retailers.
4As previously announced, the corporate operated SNS Pittsburgh stores above are planned to be exited in
the first half of fiscal 2007.
The extreme value stores that are leased by the company generally have terms of 5 to 10 years plus renewal
options. The price superstores and supermarkets that are leased by the company generally have terms of 15 to 25
years plus renewal options.
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