SUPERVALU EXITS DENVER MARKET

MINNEAPOLIS -- Supervalu here said last week that it planned to end its corporate retailing and wholesaling operations in the Denver market, citing the company's weak position there.It agreed to sell four of its nine Cub Foods stores in the Denver area and its 695,000-square-foot warehouse facility in Aurora, Colo., to Kroger Co., Cincinnati, for undisclosed terms. The acquisition, which would fold

MINNEAPOLIS -- Supervalu here said last week that it planned to end its corporate retailing and wholesaling operations in the Denver market, citing the company's weak position there.

It agreed to sell four of its nine Cub Foods stores in the Denver area and its 695,000-square-foot warehouse facility in Aurora, Colo., to Kroger Co., Cincinnati, for undisclosed terms. The acquisition, which would fold the Cub Foods stores under Kroger's King Soopers division, is expected to close late n

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