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Johnston knew that he couldn't compete head to head with the retail giants such as Wal-Mart (Holmes, 2005). He has spearheaded the addition of technology to Albertsons, to improve the speed of checkout and customer service. These changes are evident in that the 18% increase in earnings for the third quarter of 2005 was mostly due to cost saving measures not increased sales as was hoped (Holmes, 2005). He has also had a few issues with the employees. For example, a four-month strike at the Southern California stores cost the company an estimated $1.2 billion in lost sales. That figure doesn't even begin to estimate the cost of the ill will of the employees (Holmes, 2005)...
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