Albertson’s Debt Ratings Lowered

New York City, Moody‚Äôs Investors Service cut debt ratings for Boise, Idaho-based Albertson‚Äôs. The retailer‚Äôs profits don‚Äôt measure up to competitor Wal-Mart Stores, and other grocery chains, Moody‚Äôs said. Albertson‚Äôs senior unsecured long-term rating fell one level to ‚ÄúBaa3.‚ÄĚ

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