Registration No. 333-2837
Filed pursuant to Rule 424 (b) (3)
Pricing Supplement No. 1 dated July 17, 1997
to Prospectus Supplement dated June 3, 1996 and
Prospectus dated May 14, 1996
(collectively, the "Prospectus")
ALBERTSON'S, INC.
Medium-Term Notes, Series B
This Pricing Supplement relates to $3,000,000 aggregate principal amount
of Fixed Rate Book-Entry Medium-Term Notes, Series B, due July 21, 2008. Net
proceeds to Albertson's, Inc. (the "Company"), before deduction of expenses
payable by the Company, will be $2,981,250.
Principal Amount: $3,000,000
Interest Rate: 6.69%
Stated Maturity: July 21, 2008
Interest Payment Dates: June 1 and December 1
Regular Record Dates: May 15 and November 15
Optional Redemption: Not Applicable
Regular Redemption: Not Applicable
Initial Redemption Date: Not Applicable
Initial Redemption Price: Not Applicable
Premium Reduction Amount: Not Applicable
Make-Whole Premium Redemption: Not Applicable
Settlement Date: July 21, 1997
Goldman, Sachs & Co.
J. P. Morgan & Co.
Merrill Lynch & Co.