Supervalu to Sell 36 Stores to AFS

Supervalu said yesterday that it has agreed to sell 36 Albertsons stores in Utah to Associated Food Stores, the Salt Lake City-based cooperative.

MINNEAPOLIS — Supervalu here said yesterday that it has agreed to sell 36 Albertsons stores in Utah to Associated Food Stores, the Salt Lake City-based cooperative.

The specific terms were not disclosed, but Supervalu said it expected to record $150 million in after-tax proceeds from the sale. The deal — the first major divestiture since Craig Herkert took over as chief executive officer of Supervalu in May — is expected to be completed by this fall.

In addition, Superv

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