Supervalu CEO and President Sam Duncan announced he plans to retire when the company's fiscal year ends Feb. 29.
Duncan took over in early 2013 for the Eden Prairie, Minn.-based parent company of the Shop 'N Save and Save-A-Lot chains.
The 63-year-old is leaving while Supervalu (NYSE: SVU) is on a hot streak. The company posted better-than-expected performance over the last fiscal year and 50 percent profit gains.
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the St. Louis Business Journal.
