Supervalu Posts Q2 Loss, Rethinks Price Investments

MINNEAPOLIS — Supervalu here said Thursday that it recorded a loss of $111 million in the fiscal second quarter on a 4.6% decline in sales, to $8 billion.

Same-store sales in the company’s retail food division fell 4.3% for the quarter, and same-store sales in the Save-A-Lot division were down 3.7%.

The loss for the 12-week quarter, which ended Sept. 8, was mostly due to non-cash charges

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