SUPERVALU (NYSE:SVU -News) today clarified that it is not removing the self check-out lanes from the 460 ALBERTSONS stores that it owns and operates in Idaho, Oregon, Montana, Nevada, Southern California, Utah, Washington state and Wyoming.
During 4th of July week, several publications throughout the country ran an announcement that Albertsons LLC, a separate entity that owns and operates 217 stores in Arizona, Arkansas, Colorado, Florida, Louisiana, New Mexico, Texas and Utah, decided to remove self check-out lanes from its stores. ALBERTSONS stores owned by SUPERVALU will continue to provide self check-out lanes for the convenience of its customers.
“Despite many incorrect reports, ALBERTSONS stores owned by SUPERVALU will continue to operate self check-out lanes,” said Lilia Rodriguez, ALBERTSONS Spokeswoman. “Since this story broke last week, our customers have called us and we learned first-hand that they want and appreciate the convenience of self check-out lanes.”
Monday, July 11, 2011
Sooo... I got the self checkout thing wrong.
Looks like SuperValu isn't getting rid of self check outs as I had posted earlier.
Disclosure: I own SVU LEAP call options. This is not advice of any kind. Always do a ton of your own research in regard to anything that I say, do, write, or so much as even think about. As this shows, I do get things wrong!
at 7:30 PM