Registration No. 333-41793
Filed pursuant to Rule 424 (b) (3)
Pricing Supplement No. 1 dated February 18, 1998
to Prospectus Supplement dated February 17, 1998 and
Prospectus dated January 21, 1998
(collectively, the "Prospectus")
ALBERTSON'S, INC.
Medium-Term Notes, Series C
This Pricing Supplement relates to $16,000,000 aggregate principal
amount of Fixed Rate Book-Entry Medium-Term Notes, Series C, due February 25,
2013. Net proceeds to Albertson's, Inc. (the "Company"), before deduction of
expenses payable by the Company, will be $15,892,000.
Principal Amount: $16,000,000
Interest Rate: 6.35%
Stated Maturity: February 25, 2013
CUSIP Number: 01310QCT0
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: February 23, 1998
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Goldman, Sachs & Co.
J. P. Morgan & Co.
Merrill Lynch & Co.