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The Wall Street Journal has an interview with Bob Miller, CEO of Albertsons Companies, in which he talks about the company's operating philosophies as well as the advantages of going public.

One interesting exchange is about how technology has affected the company, leading Miller to say:

"We don’t want to be cutting edge, ahead of the curve, but we want to understand what’s going on. So far all this stuff about being able to check the customer out quicker and walking out of the store without having to go through a register and all that kind of stuff, we’re not ready to invest in any of that yet. But we are working on initiatives with technology partners…If we see something that we think is going to work, we aren’t afraid to invest a lot of money."

Excellent piece. You can read it in its entirety here.
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