-
Supervalu may spin off Sav-A-Lot
Supervalu Inc. said it is considering spinning off its Sav-A-Lot stores into a separate business as the discount chain reported a big earnings increase for the first quarter.
Net earnings soared 42% to $61 million, from $43 million in the same quarter the prior fiscal year. Cost of sales rose at a slower pace than net sales, aiding profit growth. Net sales rose 3% to $5.41 billion, from $5.26 billion.
-
UPS makes shipping and delivery more convenient
Atlanta - UPS is expanding the number of locations customers can pick up and drop off packages. The company is expanding the number of cities it offers the UPS Access Point network, which offers package pickup and drop-off at local businesses, primarily neighborhood convenience and grocery stores, dry cleaners and delicatessens with extended evening and weekend hours.

