5 Quotes by Ted Taft

Wal-Mart is the 800-pound gorilla. You're going to want to do more things for a customer who is growing as fast as Wal-Mart is.

You can let your stores grow old and tired for a period, but if someone comes in with brand new shiny stores and competitive prices, you'll go out of business quickly. They need to keep themselves up and invest in store upgrades.

Technology is going to reshape the food industry, although it's still too early to tell which formats will win.

Supervalu has offered to sell off its Cub Food stores in Chicago where it competes with (Albertsons') Jewel chain.

Supermarkets now sell gas, prescriptions and have sit-down restaurants. Everyone is competing with everyone else.