While a 3.7% decline in identical-store sales during the first quarter ended June 16 was not unexpected, the revelation that Supervalu’s discount Save-A-Lot stores suffered same-store sales declines of 3.4% was especially disappointing, analysts said. (Supervalu for the first time last week presented Save-A-Lot as a separate segment in its financial statements, a move it said provided investors with additional visibility to its discount operations and analysts felt signaled a new ...

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.
 

Click here to read the FAQ page if you have any questions (opens in a new window)
 

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.

Already registered? here.