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Supervalu outlines steps for growth

from Supermarket News

With or without merger and acquisition activity, Supervalu Inc. has seen what CEO Mark Gross calls "significant" growth in recent months. Speaking at the Barclays Eat, Sleep, Play conference on Tuesday, Gross said that removing the wholesaler's June acquisition of Unified Grocers Inc. from the equation left the company with about 12 percent of organic growth for the last quarter. Before acquiring Unified Grocers, the company saw a 58 percent uptick in sales for the segment. more

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