Supervalu Slows Price Cuts, Posts Loss
MINNEAPOLIS — Supervalu here said Thursday it is rethinking its aggressive price-reduction efforts and weighing a more “holistic” approach to value. read more Supermarket News
Tag: Posts
Supervalu Posts Q2 Loss, Rethinks Price Investments
MINNEAPOLIS — Supervalu here said Thursday that it recorded a loss of $ 111 million in the fiscal second quarter on a 4.6% decline in sales, to $ 8 billion. … Continue Reading →
Village Posts Q4 Sales, Profit Gains
SPRINGFIELD, N.J. — Village Super Market here said sales and profits grew in the fourth quarter, despite ongoing challenges at its two new Maryland stores. read more Supermarket News
Supervalu Adjusts Executive Posts
MINNEAPOLIS — Supervalu here said Wednesday it has restructured its executive leadership team “to ensure alignment around the company’s goals and to better drive and execute [its] business turnaround.” read … Continue Reading →
Ahold Posts Profit Gains in U.S.
AMSTERDAM — Ahold here said profits improved in its U.S. operations in the second quarter, but the company’s stock fell in the wake of a margin squeeze in Ahold’s Netherlands … Continue Reading →
Nash Finch Boosts Omaha Share, Posts Q2 Loss
MINNEAPOLIS — Nash Finch Co.’s recent store-buying spree in Omaha, Neb., doesn’t herald a full-blown return to retail but instead reflected a unique opportunity to fortify its market share there, … Continue Reading →