Supervalu To Sell 36 Albertsons

It didn't take long for Craig Herkert, Supervalu's new chief executive officer, to pull the trigger on divesting some of the company's assets. Just two months into his new role, Herkert last week announced that Supervalu, struggling amid declining sales and profits, had reached an agreement to sell 36 Albertsons stores in Utah to Associated Food Stores, the Salt Lake City-based cooperative

MINNEAPOLIS — It didn't take long for Craig Herkert, Supervalu's new chief executive officer, to pull the trigger on divesting some of the company's assets.

Just two months into his new role, Herkert last week announced that Supervalu, struggling amid declining sales and profits, had reached an agreement to sell 36 Albertsons stores in Utah to Associated Food

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