SUPERVALU STILL SEES 'ADVANTAGE'

MINNEAPOLIS -- Despite "disappointing and unacceptable" earnings over the past 18 months, Supervalu here expects its Advantage Project to have a positive effect on business by fiscal 1997, company executives told shareholders at the annual meeting here last week.Benefits from the previously disclosed Advantage re-engineering program will come through such current initiatives as the regionalization

MINNEAPOLIS -- Despite "disappointing and unacceptable" earnings over the past 18 months, Supervalu here expects its Advantage Project to have a positive effect on business by fiscal 1997, company executives told shareholders at the annual meeting here last week.

Benefits from the previously disclosed Advantage re-engineering program will come through such current initiatives as the regionalization of Supervalu's marketing and distribution organizations and a full rollout of new prici

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TAGS: Supervalu