Fitch Downgrades Supervalu Ratings

CHICAGO — Fitch Ratings here said Friday it has downgraded its issuer default rating on Supervalu and its subsidiares to B from B-plus and has also revised its ratings on the company's credit facilties and notes, with a negative outlook.

Fitch said the downgrade and negative outlook reflect continued sales declines and market-share losses, the resulting pressure on margins and the challenge i

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