Supervalu is selling these banners plus Star Market to Cerberus

Supervalu is selling these banners plus Star Market to Cerberus.

Supervalu Sells Off Big Chains

“When we announced our review of strategic alternatives this past summer, our goals were to improve our business, better position the company for the future, and create the best opportunity to deliver significant shareholder value. I believe we have accomplished these goals.” — Wayne C. Sales, president and CEO, Supervalu

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