Supervalu's

Supervalu Inc's quarterly profit topped Wall Streets expectations despite sagging sales as the third-biggest U.S. supermarket chain trimmed expenses in a drive to catch up to rivals.Supervalu shares rose 9.2 per cent to $9.30 in midday trading."Results were better...

Supervalu's Save-A-Lot, one of the leading hard-discount grocery retailers in the United States, plans to build a new 325,000 sq.ft distribution centre in Lexington, North Carolina. The project is the result of a collaboration with the state of North...