Few would argue that Craig Herkert faces one of the biggest challenges in food retailing as the president and chief executive officer of Minneapolis-based Supervalu. The company, which operates the Albertsons, Jewel, Acme, Shaw’s and other banners, as well as the Save-A-Lot limited-assortment chain and a wholesaling division serving independents, has been struggling to retain sales and market share as the recession caught the company poorly positioned to handle consumers’ ...

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