Exhibit 99.1

       Cautionary Statements for Purposes of the Safe Harbor Provisions
                    of the Securities Litigation Reform Act


In connection with the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995 (the "Act"), SUPERVALU INC. (the "Company") is
filing the cautionary statements set forth below, identifying important factors
that could cause the Company's actual results to differ materially from those
projected in forward-looking statements made by, or on behalf of the Company.
When used in this Quarterly Report on Form 10-Q for the fiscal quarter ended
September 8, 2001 and in future filings by the Company with the Securities and
Exchange Commission, in the Company's press releases, other communications, and
in oral statements made by or with the approval of an authorized executive
officer, the words or phrases "will likely result", "are expected to", "will
continue", "is anticipated", "estimate", "project", "believe" or similar
expressions are intended to identify forward-looking statements within the
meaning of the Act.  The following cautionary statements are for use as a
reference to a readily available written document in connection with forward-
looking statements as defined in the Act.  These factors are in addition to any
other cautionary statements, written or oral, which may be made or referred to
in connection with any such forward-looking statement.

Retail Food Business Risks

The Company's retail food segment faces risks which may prevent the Company from
maintaining or increasing retail sales and earnings including: competition from
other retail chains, supercenters, non-traditional competitors and emerging
alternative formats; operating risks of retail operations; potential work
disruptions from labor disputes; general economic or political conditions that
affect consumer buying habits generally; and the adverse impact from the entry
of other retail chains, supercenters and non-traditional or emerging competitors
into markets where the Company has a retail concentration.

Food Distribution Business Risks

The Company's sales and earnings in its food distribution operations are
dependent on (i) the Company's ability to attract new customers and retain
existing customers; (ii) the success of its customers in competing with other
retail chains, supercenters, and non-traditional competitors and emerging
alternative formats; (iii) general economic or political conditions that affect
consumer buying habits generally; and (iv) its ability to control costs.  While
the Company believes that its efforts will enable it to attain its goals,
certain factors could adversely impact the Company's results, including:
declines in sales to its independent retailer customer base due to competition
and other factors; consolidations of retailers or competitors; increased self-
distribution by chain retailers; increases in operating costs; increases in
credit risk associated with open accounts and financing activities with
independent retailers; potential work disruptions from labor disputes; and the
entry of new or non-traditional distribution systems into the industry.

Restructure Activities

In the fourth quarter of fiscal 2001, the Company completed a company-wide asset
review to identify assets that do not meet return objectives, provide long-term
strategic opportunities, or justify additional capital investment, it would
consolidate certain distribution facilities, exit certain non-core retail
markets, dispose of under-performing retail stores, reduce its workforce and
write-off other items.  The Company expects these restructuring activities to
generate approximately $60 million of free cash flow, which reflects cash
proceeds from asset sales and working capital reductions. The Company estimates
that the earnings per share benefit of these activities will be minimal in
fiscal 2002 and will contribute $0.07 to $0.09 to earnings per share by fiscal
2003.  However, the timing of targeted asset sales as well as the Company's
ability to realize the anticipated benefits of such sales and working capital
reductions may affect the Company's ability to realize the full benefits of
these restructuring activities and impact the Company's future financial
results.


Risks of Expansion and Acquisitions

The Company intends to continue to grow its retail and distribution businesses
through new store openings, new affiliations and in part through acquisitions.
Expansion is subject to a number of risks, including the adequacy of the
Company's capital resources; the location of suitable store or distribution
center sites and the negotiation of acceptable lease terms; and the ability to
hire and train employees. In addition, acquisitions involve a number of special
risks, including: making acquisitions at acceptable rates of return; the
diversion of management's attention to assimilation of the operations and
integration of personnel of the acquired business; possible costs and other
risks of integrating or adapting operational systems; and potential adverse
short-term effects on the Company's operating results.

Liquidity

Management expects that the Company will continue to replenish operating assets
and reduce aggregate debt with internally generated funds and capital leases
unless additional funds are necessary to complete acquisitions.  If capital
spending significantly exceeds anticipated capital needs, additional funding
could be required from other sources.  In addition, acquisitions could affect
the Company's borrowing costs and future financial flexibility.


Litigation

While the Company believes that it is currently not subject to any material
litigation, the costs and other effects of legal and administrative cases and
proceedings, and settlements, are impossible to predict with certainty.

The foregoing should not be construed as exhaustive and the Company disclaims
any obligation subsequently to revise any forward-looking statements to reflect
events or circumstances after the date of such statements or to reflect the
occurrence of anticipated or unanticipated events.