MINNEAPOLIS - Supervalu is transforming itself into a predominantly retail company with the pending acquisition of the best-performing divisions of Boise, Idaho-based Albertsons. The transaction, which is expected to close in four or five months, will more than double Supervalu's revenues - to $44 billion from an expected $19.9 billion for the fiscal year ending Feb. 25 - and triple the size of its retail component, boosting retail sales to $35 billion, or 80% of the total, vs. 53% today, ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.