<SUBMISSION>
<ACCESSION-NUMBER>0000950152-06-004167
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20060503
<ITEMS>1.01
<FILING-DATE>20060509
<DATE-OF-FILING-DATE-CHANGE>20060509
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>ALBERTSONS INC /DE/
<CIK>0000003333
<ASSIGNED-SIC>5411
<IRS-NUMBER>820184434
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>0131
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>001-06187
<FILM-NUMBER>06821801
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>250 PARKCENTER BLVD
<STREET2>P O BOX 20
<CITY>BOISE
<STATE>ID
<ZIP>83726
<PHONE>2083956200
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>250 PARKCENTER BLVD
<STREET2>P O BOX 20
<CITY>BOISE
<STATE>ID
<ZIP>83726
</MAIL-ADDRESS>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>l20258ae8vk.htm
<DESCRIPTION>ALBERTSON'S, INC.     8-K
<TEXT>
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<TITLE>Albertson's, Inc.     8-K</TITLE>
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<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>Washington, D.C. 20549</B>
</DIV>


<DIV align="center">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV>
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<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>FORM 8-K</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>CURRENT REPORT<BR>
Pursuant to Section&nbsp;13 or 15(d) of the<BR>
Securities Exchange Act of 1934</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">Date of report (Date of earliest event reported): May&nbsp;3, 2006
</DIV>

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<TR valign="bottom">
    <TD align="center" valign="top"><FONT style="font-size:24pt"><B>Albertson&#146;s, Inc.</B></FONT></TD>
</TR>
<TR style="font-size: 1px">
    <TD align="center" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(Exact Name of Registrant as Specified in Charter)</TD>
</TR>
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</DIV>

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    <TD align="center" valign="top"><B>Delaware</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>1-6187</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>82-0184434</B></TD>
</TR>
<TR style="font-size: 1px">
    <TD align="center" valign="top" style="border-top: 1px solid #000000">&nbsp;
</TD>
    <TD>&nbsp;</TD>
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</TD>
    <TD>&nbsp;</TD>
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</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(State or Other Jurisdiction<BR>
of Incorporation)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(Commission File No.)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(I.R.S. Employer<BR>
Identification No.)</TD>
</TR>
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</TABLE>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>250 Parkcenter Blvd, P.O. Box 20<BR>
Boise, Idaho 83726</B><BR>
(Address of Principal Executive Offices) (Zip Code)
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">Registrant&#146;s telephone number, including area code:<BR>
<B>(208)&nbsp;395-6200</B>
</DIV>

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    <TD align="center" valign="top">N/A</TD>
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<TR style="font-size: 1px">
    <TD align="center" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(Former Name or Former Address, if Changed Since Last Report)</TD>
</TR>
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</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following provisions:
</DIV>

<DIV align="left" style="margin-left: 0%; text-indent: 0%; margin-right: 0%; font-size: 10pt; margin-top: 6pt"><FONT face="wingdings">&#111;</FONT>
Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR 230.425)</DIV>


<DIV align="left" style="margin-left: 0%; text-indent: 0%; margin-right: 0%; font-size: 10pt; margin-top: 6pt"><FONT face="wingdings">&#111;</FONT>
Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12)</DIV>


<DIV align="left" style="margin-left: 0%; text-indent: 0%; margin-right: 0%; font-size: 10pt; margin-top: 6pt"><FONT face="wingdings">&#111;</FONT>
Pre-commencement communications pursuant to Rule&nbsp;14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</DIV>


<DIV align="left" style="margin-left: 0%; text-indent: 0%; margin-right: 0%; font-size: 10pt; margin-top: 6pt"><FONT face="wingdings">&#111;</FONT>
Pre-commencement communications pursuant to Rule&nbsp;13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</DIV>


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<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Item&nbsp;1.01. Entry into a Material Definitive Agreement.</B>
</DIV>


<DIV align="left" style="margin-left: 0%; text-indent: 0%; margin-right: 0%; font-size: 10pt; margin-top: 6pt">Effective May&nbsp;3, 2006, each of the officers of Albertson&#146;s, Inc. (the &#147;Company&#148;), including the
named executive officers as set forth in the Company&#146;s Annual Report on Form 10-K for the fiscal
year ended February&nbsp;2, 2006, became party to an indemnification agreement with the Company (the
&#147;Indemnification Agreements&#148;). The Indemnification Agreements supplement existing indemnification
provisions set forth in the Company&#146;s organizational documents and are substantially similar to
indemnification agreements put into place with the Company&#146;s Board members in 2003. The
Indemnification Agreements provide each officer with a contractual right to indemnification for all
Indemnifiable Losses (as defined in the Indemnification Agreement) incurred in connection with any
Claim (as defined in the Indemnification Agreement) to the fullest extent permitted by the laws of
the State of Delaware in effect as of May&nbsp;3, 2006 or as such laws may from time to time be amended
to increase the scope of such permitted indemnification. Generally, Indemnifiable Losses are those
expenses, damages, losses, liabilities, judgments, fines, penalties and amounts paid in settlement
relating to, resulting from or arising out of any act or failure to act by the officer in his or
her capacity as a director, officer, employee or agent of the Company. The Indemnification
Agreements also provide for the advancement of expenses reasonably likely to be incurred by the
officer in connection with defending a Claim.</DIV>


<DIV align="left" style="margin-left: 0%; text-indent: 0%; margin-right: 0%; font-size: 10pt; margin-top: 6pt">Also on May&nbsp;3, 2006, the Management Development/Compensation Committee of the Board of Directors of
the Company (the &#147;Committee&#148;) authorized an amendment to the Albertson&#146;s, Inc. Executive Pension
Makeup Plan (the &#147;Plan&#148;). As a result of the Plan amendment, effective as of May&nbsp;28, 2006, no
person will become eligible to participate in the Plan on or following the effective date and all
benefit accruals under the Plan shall cease. Also as a result of the amendment, each Plan
participant&#146;s unvested account balance under the Plan will become fully vested as of May&nbsp;28, 2006.</DIV>


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<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SIGNATURES</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
</DIV>
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    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Date: May&nbsp;9, 2006</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
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    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">ALBERTSON&#146;S, INC.<br><br><br></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ John R. Sims</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Name: John R. Sims<br>
Title: Executive Vice President and<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;General Counsel</TD>
</TR>
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