Supervalu tags $1B for cap ex purse

August 2006
Progressive Grocer;8/1/2006, Vol. 85 Issue 11, p16
Trade Publication
The article reports on the development plans of Supervalu Inc. for its retail operations in fiscal 2007. Supervalu has allocated $1 billion in capital expenditures to build several new stores and revamp its existing stores that were acquired from Boise, Idaho-based Albertsons Inc. CEO Jeff Noddle announced that the company plans to put a greater emphasis on remodeling.


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