Supervalu Executives Optimistic After Q3 Loss

Supervalu Executives Optimistic After Q3 Loss

MINNEAPOLIS — Supervalu here said last week it believes the strategic initiatives it began implementing a year ago are beginning to have a positive impact as the company’s stores move away from heavy promotional discounts to a “fair prices plus promotion” approach.

Company executives explained their optimism in the wake of reporting a loss of $750 million for the fiscal third quarter, including an $800 m

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