MINNEAPOLIS — Supervalu last week said it would seek strategic alternatives including a potential sale of all or part of the company as part of sweeping plans to slash expenses and capital spending and increase price investments that one analyst termed a “shift to survival mode.” The changes — which included the suspension of its dividend, the withdrawal of fiscal earnings guidance and a plan to replace its current credit facilities with more flexible loans backed ...
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 a complimentary copy of SN's salary survey sent to you by email.
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.