Supervalu plans to continue making price investments in its Save-A-Lot stores to get closer to Aldi pricing, Bruce H. Besanko, EVP and CFO, told investors Wednesday.
“We are typically [priced] well below Walmart, and we are close in terms of Aldi,” he said at the Oppenheimer Consumer Conference in Boston.
“We’ve invested in price to be more competitive with Aldi and to distance ourselves ever further from Walmart, [including] two tranches of price investments over ...
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