Supervalu Cuts Major Remodels in Half

Supervalu plans to conduct major remodels at between 75 and 80 locations in the current fiscal year, down about 50% from last year, Jeff Noddle, chairman and chief executive officer of the Minneapolis-based company, told Barclays Capital's annual Retail and Restaurant Conference yesterday.

NEW YORK — Supervalu plans to conduct major remodels at between 75 and 80 locations in the current fiscal year, down about 50% from last year, Jeff Noddle, chairman and chief executive officer of the Minneapolis-based company, told Barclays Capital's annual Retail and Restaurant Conference here yesterday.

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