SuperValu
Inc. (NYSE: SVU) reported higher first quarter revenue and earnings of 23 cents per share compared with 17 cents per share in the year ago period and is
exploring the possibility of separating Save-A-Lot into an independent
company. Shares of the grocery store operator climbed $1.24 to $8.60.
SuperValu may spin off Save-A-Lot
July 28, 2015 at 14:01 PM EDT