SUPERVALU SETS $440 MILLION CAPITAL OUTLAY

MINNEAPOLIS -- Supervalu here is budgeting $440 million for capital expenditures this year, including $45 million for capital leases. The company declined to provide actual capital expenditures for last year. However, this year's cap-ex is down 12% from the $500 million projected for last year, which included a projected $32 million in capital leases.This year, Supervalu also plans to provide up to

MINNEAPOLIS -- Supervalu here is budgeting $440 million for capital expenditures this year, including $45 million for capital leases. The company declined to provide actual capital expenditures for last year. However, this year's cap-ex is down 12% from the $500 million projected for last year, which included a projected $32 million in capital leases.

This year, Supervalu also plans to provide up to $150 million to support store development and financing for its 4,100 independent reta

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