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02/06/2012

Supervalu to Cut 800 Jobs as Part of Turnaround Strategy

Eden Prairie, Minn.-based Supervalu Inc. plans to cut 800 positions in a cost-cutting move, the Chicago Tribune reported online. The company, which has been struggling financially since its 2006 acquisition of Albertsons, said most of the job cuts will be in its Minneapolis and Boise, Idaho, offices, the story said.

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