SUPERVALU POSTS LOSS, SALES RISE IN QUARTER

MINNEAPOLIS -- Supervalu here reported increased sales for the 12- and 40-week periods ended Dec. 3. However, the wholesaler posted a loss related to a previously-announced $244 million pre-tax charge it said it incurred to pay for its Supervalu Advantage program.300 positions, to cover costs of the program.Sales were up 6.5% to $3.9 billion for the quarter, and 3.5% to $12.7 billion for 40 weeks.

MINNEAPOLIS -- Supervalu here reported increased sales for the 12- and 40-week periods ended Dec. 3. However, the wholesaler posted a loss related to a previously-announced $244 million pre-tax charge it said it incurred to pay for its Supervalu Advantage program.

300 positions, to cover costs of the program.

Sales were up 6.5% to $3.9 billion for the quarter, and 3.5% to $12.7 billion for 40 weeks. Same-store sales declined 1% for the quarter.

Supervalu also recorde

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