For Minneapolis-based Supervalu, 2006 marked a new beginning. No longer would the company be the nation's largest wholesaler, which happened to operate a network of far-flung regional supermarket banners. Instead, with the acquisition of Albertsons, Supervalu transformed itself into one of the nation's largest operators of traditional supermarket outlets — a $44 billion company where wholesaling accounts for only about 20% of its revenues. The move not only redefined Supervalu, but it also ...

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