Supervalu exploring Save-A-Lot spinoff

Supervalu exploring Save-A-Lot spinoff

Supervalu on Tuesday said it has begun preparations for a potential public spinoff of its Save-A-Lot business.

The move would help Supervalu cash in on momentum from its most profitable division and allow the Minneapolis-based company to focus on its core retail banners and its independent distribution customers.

“Over the last two and a half years, Save-A-Lot has repositioned its brand, refocused its efforts

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