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, ...
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