Tuesday, April 26, 2016

SUPERVALU Treads Water As Investors Wait For Save-A-Lot Spinoff

The grocery industry has been going through some major disruptions lately, and SUPERVALU has been one of the companies most affected by changes in the space. Having divested itself of several of its larger chains, Supervalu is now a leaner organization, and it intends to make even more moves later this year by spinning off its discount Save-A-Lot unit. Coming into Tuesday's fiscal fourth-quarter financial report, Supervalu investors expected declines in revenue and earnings from year-ago levels, but they were optimistic about the future possibilities for better performance in the future. . . . more

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