UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    FORM 8-K

                                 CURRENT REPORT
     Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934


Date of Report (Date of earliest event reported): July 26, 2006

                                 SUPERVALU INC.
                                 --------------
             (Exact name of registrant as specified in its charter)


Delaware                                1-5418                  41-0617000
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(State or other jurisdiction         (Commission               (IRS Employer
     of incorporation)                File Number)           Identification No.)


                    11840 Valley View Road
                    Eden Prairie, Minnesota                      55344
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           (Address of principal executive offices)            (Zip Code)


Registrant's telephone number, including area code (952) 828-4000
                                                   --------------

                ------------------------------------------------
          (Former name or former address, if changed since last report)


Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

|_|     Written communications pursuant to Rule 425 under the Securities Act
        (17 CFR 230.425)

|_|     Soliciting material pursuant to Rule 14a-12 under the Exchange Act
        (17 CFR 240.14a-12)

|_|     Pre-commencement communications pursuant to Rule 14d-2(b) under the
        Exchange Act (17 CFR 240.14d-2(b))

|_|     Pre-commencement communications pursuant to Rule 13e-4(c) under the
        Exchange Act (17 CFR 240.13e-4(c))





Item 2.02.    Results of Operations and Financial Condition.
---------     ---------------------------------------------

         On July 26, 2006, SUPERVALU INC. issued a News Release reporting its
financial results for the fiscal period ended June 17, 2006, updating its Fiscal
2007 earnings guidance and announcing a 10 million share repurchase program. A
copy of the News Release issued by SUPERVALU INC. in connection with this Item
2.02 is attached as Exhibit 99.1 and incorporated by reference herein.

        The information in this Current Report on Form 8-K, including Exhibit
99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities
Exchange Act of 1934 or otherwise subject to the liabilities of that Section,
nor shall it be deemed incorporated by reference in any filing under the
Securities Act of 1933 or the Securities Exchange Act of 1934, regardless of any
general incorporation language in such filing.



Item 9.01.    Financial Statements and Exhibits.
---------     ---------------------------------

         (c). Exhibits.

              A News Release issued by SUPERVALU INC. on July 26, 2006, is
              attached hereto as Exhibit 99.1.


                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                                SUPERVALU INC.
                                                --------------
                                                (Registrant)


Date:  July 26, 2006


                                        By:  /s/ John P. Breedlove
                                             -----------------------------------
                                             John P. Breedlove
                                             Corporate Secretary
                                             (Authorized Officer of Registrant)





                                  EXHIBIT INDEX

Exhibit           Description of Exhibit

   99.1           News Release of SUPERVALU INC., dated July 26, 2006