On the money: Supervalu CEO "disappointed" by Q2 results

By Petah Marian | 20 October 2010

Supervalu Inc CEO Craig Herkert has warned investors that the company's transformation plans will take longer than expected after the US retailer posted a quarterly loss and downgraded its profit target for the full year.

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Supervalu Inc CEO Craig Herkert has warned investors that the company's transformation plans will take longer than expected after the US retailer posted a quarterly loss and downgraded its profit target for the full year.

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