Supervalu Sees 'Orderly Pass-Through' of Inflation

Although it is too early to say exactly how consumers will react to ongoing price increases in the grocery sector, Jeff Noddle, chairman and chief executive officer of Minneapolis-based Supervalu, said he expects food retailers to pass their cost increases on to consumers.

NEW YORK — Although it is too early to say exactly how consumers will react to ongoing price increases in the grocery sector, Jeff Noddle, chairman and chief executive officer of Minneapolis-based Supervalu, said he expects food retailers to pass their cost increases on to consumers. "Inflation has been passed through quite orderly in 2007, and we expect the same this year," he said at the Bear Stearns Retail, Restaurant & Consumer Conference here. Even Wal-Mart, he noted, seems to pass t

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