In addition to absorbing Albertsons, Supervalu is upgrading its IT infrastructure and changing the way it uses customer data
Last month, Supervalu reported disappointing results for its fiscal year's second quarter, which ended Sept. 6. In what has been a historically bad economic climate for retailers, the Minneapolis-based retail and wholesale giant's same-store sales slipped 1.3%, while its profits plummeted 13%. But whatever its short-term difficulties may be, Supervalu has made two major investments over the past few years that the company — one of the nation's largest grocery retailers and wholesalers — ...
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