Herkert Cites ‘Difficult Year’

Craig Herkert reviewed his first and he would hope his worst fiscal year at the head of Supervalu in a presentation at the retailer's annual meeting here last week. I wish I could say I was pleased with the results and that we've made tremendous progress, but fiscal 2010 was a difficult year for Supervalu, Herkert said. The economic environment continues to be challenging for all of our

MINNEAPOLIS — Craig Herkert reviewed his first — and he would hope his worst — fiscal year at the head of Supervalu in a presentation at the retailer's annual meeting here last week.

“I wish I could say I was pleased with the results and that we've made tremendous progress, but fiscal 2010 was a difficult year for Supervalu,” Herkert said. “The economic environment continues to be challenging for all of our customers. Our business is in transition, and sales [results] are not w

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