SUPERVALU Opens New Stores in Key Regional Markets
MINNEAPOLIS, March 8, 2005 /PRNewswire-FirstCall via COMTEX/ -- SUPERVALU
INC. (NYSE: SVU) announced today that it continues to add locations to its corporate
retail grocery network with new store openings in key markets. The company also
is engaged in a dynamic remodeling program across its corporate-owned retail
banners.
John Hooley, SUPERVALU executive vice president and president for retail foods,
said, "In fiscal year 2005, we continued to build successfully on our plan
for expansion across our major markets, which consistently has been our strategy.
In our new fiscal year 2006, we'll continue our tradition of fresh thinking
with more new store openings and remodels across our banners. We remain committed
to growing SUPERVALU's retail business and supporting our expansion plans, ensuring
that our regional banners continue to hold a strong share in their respective
markets."
SUPERVALU's portfolio of regional retail banners includes price superstores
comprised of bigg's, Cub Foods, Shop 'n Save, and Shoppers Food & Pharmacy;
the company operates traditional supermarkets under the Farm Fresh, Hornbacher's
and Scott's banners.