MINNEAPOLIS -- Supervalu here reported increased sales for the 12- and 40-week periods ended Dec. 3. However, the wholesaler posted a loss related to a previously-announced $244 million pre-tax charge it said it incurred to pay for its Supervalu Advantage program. 300 positions, to cover costs of the program. Sales were up 6.5% to $3.9 billion for the quarter, and 3.5% to $12.7 billion for 40 weeks. Same-store sales declined 1% for the quarter. Supervalu also recorded an after-tax credit ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

WhyRegisterfor FREE?

Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, 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 grantedfreeaccess to SNwe ask that youregister 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.