CHICAGO — Fitch Ratings here said Friday it has downgraded its issuer default rating on Supervalu and its subsidiares to B from B-plus and has also revised its ratings on the company's credit facilties and notes, with a negative outlook. Fitch said the downgrade and negative outlook reflect continued sales declines and market-share losses, the resulting pressure on margins and the challenge in reversing those trends over the medium term. "It will be difficult for ...
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