Retail a concern as Supervalu falls short in 1Q

Retail a concern as Supervalu falls short in 1Q

"Any and all options are on the table. That's the work we have in front of us."" — MARK GROSS, Supervalu

Analysts reviewing Supervalu's first-quarter financial results on Wednesday appeared willing to buy an opportunity story in its wholesale division and the potential of new sales initiatives at Save-A-Lot, but concern lingered for the company's struggling conventional retail banners.

All three divisions experienced challenges in the quarter, as the Minneapolis-based company reported sales and earnings that came in b

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