MINNEAPOLIS — Supervalu here said Thursday it is rethinking its aggressive price-reduction efforts and weighing a more "holistic" approach to value. The revised effort comes as Supervalu posted a loss of $111 million in the fiscal second quarter on a 4.6% decline in sales, to $8 billion. Same-store sales in the company’s retail food division fell 4.3% for the quarter, and same-store sales in the Save-A-Lot division were down 3.7%. The loss for the 12-week quarter, ...
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