Community Corner

Poll: Worried About Acme News?

Parent company Supervalu's stock plummeted after its quarterly report was released.

A quarterly report from Supervalu Inc., parent company of the Acme supermarket chain that has stores and , prompted concern this week from observers in the financial sector and local representatives of its employees.

A report from The Philadelphia Inquirer characterized Supervalu's plan for "reviewing strategic alternatives" as a possible indicator the company is seeking a buyer.

The SEC report indicates Supervalu's intent to cut costs and not pay stockholder dividends.

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The Inquirer article also conveyed local grocery-worker union leaders' concerns about the company's financial future.

Supervalu's stock price closed Wednesday at $5.29, then fell to $2.69 Thursday and again to $2.37 Friday.

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