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Stock Market & Financial Investment News

News Breaks
January 10, 2013
09:01 EDTSVUSuperValu says expected to generate annual revenues in excess of $17B
Following the Sale, SUPERVALU will consist of the Independent Business, a leading food wholesaler which serves 1,950 stores across the country; Save-A-Lot, the largest hard discount grocery chain in the United States, with approximately 1,300 stores; and SUPERVALUís leading regional retail food banners Cub, Farm Fresh, Shoppers, Shop Ďn Save and Hornbacherís. As such, SUPERVALU is expected to generate annual revenues in excess of $17 billion. Key elements of SUPERVALUís go-forward business plan include continued focus on right-sizing operations and maximizing efficiencies across the Company.
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