<SUBMISSION>
<ACCESSION-NUMBER>0000950152-06-004767
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>2
<PERIOD>20060526
<ITEMS>5.01
<ITEMS>8.01
<ITEMS>9.01
<FILING-DATE>20060526
<DATE-OF-FILING-DATE-CHANGE>20060526
<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>06871567
</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>l20580ae8vk.htm
<DESCRIPTION>ALBERTSON'S INC.  8-K
<TEXT>
<HTML>
<HEAD>
<TITLE>ALBERTSON'S INC.  8-K</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
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<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>




<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" 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"><B>Date of report (Date of earliest event reported): May&nbsp;26, 2006</B>
</DIV>

<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B>ALBERTSON&#146;S, INC.</B>
</DIV>

<DIV align="center" style="font-size: 10pt">(Exact Name of Registrant as Specified in Charter)</DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
</TR>
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<TR valign="bottom">
    <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>
    <TD align="center" valign="top" style="border-top: 1px solid #000000">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(State or Other<BR>
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>
<!-- End Table Body -->
</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>


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

<DIV align="center"><DIV style="font-size: 3pt; margin-top: 1pt; width: 60%; border-top: 1px solid #000000">&nbsp;</DIV></DIV>

<DIV align="center" style="font-size: 10pt">(Former Name or Former Address, if Changed Since Last Report)</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="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="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="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="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>


<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>





<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<!-- link2 "Item&nbsp;5.04. Temporary Suspension of Trading Under Registrant&#146;s Employee Benefit Plans" -->

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;5.04. Temporary Suspension of Trading Under Registrant&#146;s Employee Benefit Plans</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">On May&nbsp;26, 2006, Albertson&#146;s, Inc. (the &#147;Company&#148;) notified its directors and officers that, in
connection with the conversion of the Company&#146;s shares to the consideration set forth in the
Agreement and Plan of Merger, dated as of January&nbsp;22, 2006, by and among the Company, New Aloha
Corporation, New Diamond Sub, Inc., SUPERVALU INC. and Emerald Acquisition Sub, Inc. (the &#147;Merger
Agreement&#148;), a blackout period with respect to the Albertsons Savings &#038; Retirement Estates will be
in effect beginning June&nbsp;1, 2006. The blackout is anticipated to end on June&nbsp;7, 2006. The Company
provided the notice to its directors and executive officers in accordance with Rule&nbsp;104 of
Regulation&nbsp;BTR.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">A copy of the notice is attached as Exhibit&nbsp;99.1 to this Form 8-K and is incorporated herein by
reference.
</DIV>

<!-- link2 "Item&nbsp;8.01 Other Information" -->

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;8.01 Other Information</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">To assist with timely conversion of the Company&#146;s shares to the consideration set forth in the
Merger Agreement, no exercises of Company stock options will be permitted on June&nbsp;1, 2006.
</DIV>

<!-- link2 "Item&nbsp;9.01 Financial Statements and Exhibits" -->

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;9.01 Financial Statements and Exhibits</B>
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><U>Exhibits</U>
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">99.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Notice of Blackout Period to Directors and Executive Officers of Albertsons, Inc. dated
May&nbsp;26, 2006.</TD>
</TR>

</TABLE>
</DIV>

<P align="center" style="font-size: 10pt">2
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<!-- link1 "SIGNATURES" -->

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

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">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>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Date: May&nbsp;26, 2006
</DIV>


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">ALBERTSON&#146;S, INC.<BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ John R. Sims
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>

    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left" colspan="2">John R. Sims&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>

    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left" colspan="2">Executive Vice President &#038; General<BR>
Counsel&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>


<P align="center" style="font-size: 10pt">3
</DIV>

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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>l20580aexv99w1.htm
<DESCRIPTION>EXHIBIT 99.1    PRESS RELEASE
<TEXT>
<HTML>
<HEAD>
<TITLE>EXHIBIT 99.1    PRESS RELEASE</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><B>Exhibit&nbsp;99.1</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Albertson&#146;s, Inc.<BR>
Notice to Directors and Executive Officers</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Albertson&#146;s, Inc. (&#147;Albertsons&#148;) has received notice from the plan administrator of the
Albertsons Savings &#038; Retirement Estates (the &#147;401(k) Plan&#148;) that activity in the Albertsons Stock
Fund under the 401(k) Plan will be closed for participant transactions from the close of business
on May&nbsp;31, 2006 until (but not including) June&nbsp;7, 2006. During this &#147;blackout period,&#148;
participants in the Plan will not be able to direct money into or out of the Albertsons stock fund
under the Plan or its replacement, the Supervalu stock fund (together, the &#147;Company Stock Fund&#148;).
In addition, participants will not be able to request in-kind stock distributions from the Company
Stock Fund or take any loans or withdrawals from the 401(k) Plan account involving Albertsons or
Supervalu stock. This suspension is necessary in order for the 401(k) Plan&#146;s recordkeeper,
Fidelity Investments, to clear all pending trades, determine all final share balances, and process
the exchange of Albertsons securities for SUPERVALU INC. (&#147;Supervalu&#148;) securities pursuant to the
Agreement and Plan of Merger, dated as of January&nbsp;22, 2006, by and among Albertsons, New Aloha
Corporation, New Diamond Sub, Inc., Supervalu and Emerald Acquisition Sub, Inc. (the &#147;Merger
Agreement&#148;).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This notice is intended to inform you that, pursuant to Section&nbsp;306 of the Sarbanes-Oxley Act
of 2002, during the blackout period you will be unable to trade in Albertsons or Supervalu common
stock (or related securities). Please note that this restriction will not apply to certain trading
activities, including (i)&nbsp;the exchange of Albertsons securities for Supervalu securities pursuant
to the Merger Agreement, (ii)&nbsp;any purchases and sales made pursuant to certain written plans
satisfying the conditions of Rule&nbsp;10b5-1(c) under the Securities Exchange Act of 1934, as amended,
or (iii)&nbsp;dividend reinvestments.
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>If you engage in a transaction that violates these rules, you can be required to disgorge your
profits from the transaction, and you can be subject to civil and criminal penalties.</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Albertsons has determined that it was unable to provide the advance notice set forth in the
SEC rules and this notice is being provided as soon as reasonably practicable following the determination that the 401(k) Plan&#146;s recordkeeper could not complete the transition to
Supervalu securities and take the other actions described above in not more than three consecutive
business days. If you have any questions about this notice and the required trading restriction,
you may obtain information by contacting Albertson&#146;s, Inc., Attention: Corporate Secretary, 250
Park Center Boulevard, Boise, Idaho 83726 (telephone (208)&nbsp;395-6200).
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">Very truly yours,<BR>
<BR>
<BR>
ALBERTSON&#146;S, INC.<BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" style="border-bottom: 1px solid #000000" align="left">/s/ John R. Sims
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD colspan="2" align="left">John R. Sims&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD colspan="2" align="left">Executive Vice President and General<br>Counsel&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR>
<TD>&nbsp;</TD>
    <TD align="left" colspan="3">Date: May 26, 2006&nbsp;</TD>

    <TD colspan="2" align="left"></TD>

</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>


<P align="center" style="font-size: 10pt">
</DIV>

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</SUBMISSION>
