'Small But Important Step'
Ajay Jain, an analyst covering Supervalu for Cantor Fitzgerald, in a research note last week said the move to close stores was a “very small but important step” toward rationalizing operations. “The much larger question in relation to the ongoing strategic review process remains whether Supervalu can identify suitable buyers for major pieces of its retailing and wholesaling operations (or for the entire integrated business),” he said. John Heinbockel of ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access 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’s FREE, 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 granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.