MINNEAPOLIS - Supervalu here said last week it is in the process of determining how to align its infrastructure and top-level management teams with those of Albertsons, while analysts expressed concern about the company's momentum heading into the acquisition. Citing several one-time charges, the company, which is acquiring Albertsons' best-performing assets, posted a sharp decline in earnings for the 12-week period that ended Feb. 25 amid weak same-store sales results. Jeff Noddle, ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
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 complimentary access to the SN salary survey data tables.
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.