MINNEAPOLIS -- Supervalu here is budgeting $440 million for capital expenditures this year, including $45 million for capital leases. The company declined to provide actual capital expenditures for last year. However, this year's cap-ex is down 12% from the $500 million projected for last year, which included a projected $32 million in capital leases. This year, Supervalu also plans to provide up to $150 million to support store development and financing for its 4,100 independent retailers ...

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.