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Supervalu cutting back on new store openings, will remodel instead

The Twin Cities-based company had planned to open 160 new supermarkets around the country. Instead it will open about half that number and sink the remaining money into remodeling existing stores. Wall Street analysts approve.
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The Twin Cities-based company had planned to open 160 new supermarkets around the country. Instead it will open about half that number and sink the remaining money into remodeling existing stores. Wall Street analysts approve.

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