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Shoppers' frugality cut Supervalu 2Q profit 42 pct

Oct. 20, 2009
Supervalu Inc., one of the nation's largest grocers, says it will revamp its strategy to draw consumers whose shopping habits may be changed forever by the recession. After reporting another brutal blow to its bottom line, the company said it plans to double...
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Albertson's being sold for $17.4 billion

BOISE, Idaho, Jan. 23 (UPI) -- Minnesota-based Supervalu Inc., CVS Corp. and a private equity group are buying financially ailing grocery store chain Albertson's Inc. for $17.4 billion.

Supervalu says it's talking to Albertsons

EDDEN PRAIRIE, Minn., Jan. 20 (UPI) -- U.S. grocery store chain Supervalu Inc. confirmed Friday it had resumed talks with rival Albertson's Inc. about buying the Idaho-based company.

Fresh bid for grocery chain Albertson's

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Lori Anne Madison, 6, competes in Scripps National Spelling Bee
View Caption
Lori Anne Madison, 6, of Woodbridge, Virginia, spells out the letters in her word as she competes during the opening round of the Scripps National Spelling Bee, May 30, 2012, in National Harbor, Maryland. Madison, the youngest known qualifier in the history of the contest, correctly spelled the word "dirigible*", a lighter-than-air aircraft, to advance. UPI/Mike Theiler