MINNEAPOLIS -- Supervalu here said last week its earnings for the second half of fiscal 2001 would be lower than previously expected. The company attributed the earnings shortfall largely to challenges in its retail sector. In particular, it cited its effort to establish its everyday-low-price warehouse format -- Cub Foods, in Chicago -- an effort, the company said, that has required greater than expected advertising and promotion expenses while achieving lower than expected ...

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 a complimentary copy of SN's salary survey sent to you by email.

Click here to read the FAQ page if you have any questions (opens in a new window)

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.

Already registered? here.