The Board of Directors of Albertsons Companies, Inc. (NYSE:ACI) announced that it has commenced a Board-led review of potential strategic alternatives aimed at enhancing Albertsons' growth and maximizing shareholder value. The review will include an assessment of various balance sheet optimization and capital return strategies, potential strategic or financial transactions and development of other strategic initiatives to complement Albertsons' existing businesses, as well as responding to inquiries. The Company has retained Goldman Sachs and Credit Suisse to serve as financial advisors to assist in this review. "The Board believes the continuing strength of our business and the scale of our portfolio of assets warrants a deep and considered review of all possible paths towards maximizing value creation," said Chan Galbato, Co-Chair of the Board of Directors.