Supervalu is on the mend. The company’s back-to-basics approach focusing on the hard discount Save-A-Lot banner and its wholesale business has been getting results.
A year and a half after CEO Sam Duncan took the reins at the troubled company, analysts applaud Supervalu’s improvement so far, but say the company still has a lot of work ahead of it.
“They’re doing a good job, but they just have a huge mountain to climb,” said Scott Mushkin, managing director, Wolfe Research.
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