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>> SUPERVALU Latest News

JAN 14, 2014 - TheStreet

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What's Behind Supervalu's (SVU) Gains?

NEW YORK (TheStreet) -- Supervalu  is gaining over Tuesday's session, a slow recovery from last week's losses. By early afternoon, shares had gained 2.8% to $6.33. The supermarket owner is gaining on the news outgoing Chairman Robert Miller will be replaced by Gerard Storch, former CEO of Toys 'R' Us. Miller had only held the role since March 2013. Storch has also held positions as vice chairman of Target , specializing in its online and grocery businesses. Last week, the Minnesota-based business fell after third-quarter earnings missed analyst consensus. The company reported ... Read More

Tags: What's Behind Supervalu's (SVU) Gains?,  Supervalu Latest News