Safeway

SuperValu, Inc. (NYSE: SVU) saw sales decrease by 9.2% in the 2Q of 2010 to $11.5B vs. Citigroup's $11.6B estimate. The downward trend is driven mostly by a challenging economic market and heightened competitive activity, according to Citigroup. SuperValu, Inc. plans to open 100 new Save-A-Lot...