Friday, July 29, 2016

Supervalu falls short in Q1

Image result for save a lot store Supervalu Inc. on Wednesday lower-than-expected profit for the first quarter amid ongoing efforts to spin off its Save-A-Lot division.
Supervalu’s discount banner, Save-A-Lot reported a 1.7% rise in net sales to $1.42 billion. In June, Supervalu announced its intent to spin off Save-A-Lot as a separate company within the next two years.. . . more

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