MINNEAPOLIS -- Supervalu here said it is acquiring Total Logistics as a hedge against further industry consolidation and potential declines in the distribution segment of its business. "The distribution business is a cash-flow business and a return-on-invested-capital business, and we have continued to steadily improve ROIC in that business every year for the last four to five years," Jeff Noddle, chairman and chief executive officer, said in a conference call discussing the company's ...
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