Supervalu Inc's quarterly profit beats Wall Street estimates
date:Oct 21, 2013
which like larger rival Safeway is retreating from some highly competitive regional markets, has been losing customers to Kroger Co (KR.N) and Wal-Mart Stores Inc (WMT.N).

The retail food business reported a 1 percent fall in sales to $1.07 billion. Sales in the grocery distribution business fell 1.6 percent, while those at Save-A-Lot discount stores fell 0.1 percent.

Net income in the second quarter was $40 million, or 15 cents per share, in the quarter ended September 7. It lost $111 million
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07/09 17:52