Reuters - Supervalu Inc. said on Wednesday it has earmarked $1 billion of capital spending for its retail operations in fiscal 2007 as it integrates the stores it acquired from Albertsons Inc.

Reuters - Supervalu Inc. on Tuesday said its shareholders overwhelmingly approved a plan to buy most of Albertsons Inc.'s grocery operations, a move that will make Supervalu one of the biggest U.S. grocers.

Reuters - Supervalu Inc. , which is set to buy most of Albertsons Inc.'s grocery operations, posted a lower quarterly profit on Tuesday, dragged down by charges related to selling some operations and costs to improve its supply chain.

Reuters - The waiting periods for Albertsons Inc.'s acquisition by Supervalu Inc. , CVS Corp. and others have expired, the companies said on Tuesday.