SuperValu Reports 3Q Net Income Of $34MSuperValu Inc. on Wednesday reported fiscal third-quarter net income of $34 million. On a per-share basis, the Eden Prairie, Minnesota-based company said it had profit of 13 cents.
SuperValu May Spin Off Save-A-Lot Into Separate CompanySuperValu says it is considering spinning off its discount grocer Save-A-Lot into a separate publicly traded company as competition in the industry intensifies.
Supervalu 1Q Earnings Rise, Top EstimatesSupervalu Inc. says its first-quarter net income rose 10 percent as demand for groceries improved and the company cut costs.
Supervalu Hires Wal-Mart Exec To Run Save-A-LotSupervalu Inc. has named a former Wal-Mart Stores Inc. executive as the head of its Save-A-Lot grocery chain.