SUPERVALU® (click here) is a grocery industry leader, serving customers through more than 3,400 owned, licensed, franchised and affiliated stores across the country. Our roots are in supply chain and wholesale distribution; in subsequent years we've grown to include traditional and hard discount grocery retail formats. Today we proudly provide millions of customers with the best products on the shelves: national brands and our high-quality and affordable private label products. Superior service, engrained in our culture, sets us apart from the competition and provides the experience our customers expect.
Below is the stock price of Supervalu. The graph starts with February 2013 and ends with December 2013. The graph falls short as it is not December or the end of the year yet. You don't have to take my word for it, click here.
The point is October 2013. On October 1, 2013 the stock price remained static, however, as the cut in Food Stamps settled in across the USA, the stock price fell and continued to fall. It hasn't recovered yet.
