MINNEAPOLIS -- Supervalu here last week released its fiscal 1996 capital budget, which reflects the importance of its new Supervalu Advantage program, designed to improve efficiencies and reduce costs in distribution. The budget has allocated $104 million for the re-engineering program, a major jump from the $9.3 million Supervalu spent on the Advantage project over the past year. Supervalu said it expects Advantage to begin contributing to earnings and cash flow in fiscal 1997. Supervalu's ...
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