Albertsons 2007 Annual Report Download - page 5

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An important partner in enhancin
g
our store offerin
g
s is our supply chain - the backbone to our retail network. We continue to
ma
k
e
i
nvestments to ensure t
h
at we are
b
est-in-c
l
ass. A particu
l
ar
l
y exciting examp
l
e o
f
t
h
is is our T-square
d
tec
h
no
l
ogy initiativ
e
. T
h
is
n
ext-generation
l
ogistics an
d
materia
l
-
h
an
dl
ing tec
h
no
l
ogy
f
or pa
ll
et storage an
d
retrieva
l
wi
ll
b
e
f
u
ll
y operationa
l
in one
d
i
s
tri
b
utio
n
f
acility later this year – with
p
lans for another installation on the East Coast.
M
ilestone #4 - Creatin
g
a New Company Cultur
e
Th
e
d
riving goa
l
b
e
h
in
d
t
h
is mi
l
estone is to ma
k
e SUPERVALU t
h
e
b
est p
l
ace to wor
k
in our in
d
ustry
.
O
ur associates are customer-focused, passionate about the
g
rocery business and committed to deliverin
g
our customers the best p
oss
i
b
l
e
sh
opping experience.
By invo
l
ving our associates in t
h
e process o
f
b
ui
ld
ing t
h
is new cu
l
ture, we are creating teams o
f
experts t
h
roug
h
out t
h
e compan
y
t
h
at
b
rin
g
new and innovative ideas to serving the millions of customers that walk through our doors every day. Our associates are a key f
acto
r in
f
f
a
c
h
ieving t
h
e goa
l
s an
d
potentia
l
o
f
t
h
e new SUPERVALU.
We are well on our way to creatin
g
the company culture that ensures our future success.
A
Brig
h
t Future
We have the ri
g
ht strate
g
y and the ri
g
ht teams in place to deliver sustained success. We are very excited about “Year Two” of the ne
w
S
UPERVALU as we
f
ocus on initiatives
d
esigne
d
to grow sa
l
es,
l
everage our sca
l
e, improve our
f
inancia
l
fl
exi
b
i
l
ity an
d
maintai
n
our s
t
ron
g
h
istory of dividends. I am confident that the full potential of the New SUPERVALU will continue to emer
g
e in the years ahead.
Th
e trans
f
ormation o
f
SUPERVALU
d
uring t
h
e course o
f
t
h
e past year
h
as
b
een not
h
ing s
h
ort o
f
ste
ll
ar, an
d
I am
h
onore
d
to cont
i
n
ue
t
o
l
ead SUPERVALU throu
g
h this important next year.
J
e
ff
No
ddle
C
hairman & Chief Exec
u
tive Office
r
3