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Most Viewed Stories: Supervalu Completes Sale

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Most viewed content on SupermarketNews.com for the week of March 18

Supervalu completed its sale of banner stores to Cerberus last week. Reader interest elevated two articles about the news into SN's top 10 pieces of content. Reshaping at Ahold and changes at A&P also grabbed reader attention as the retail environment forces companies to adapt. See SN's top five stories below.

1. Supervalu Completes Sale of Chains to Cerberus
MINNEAPOLIS — Supervalu here on Thursday said it has completed the sale of its Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market stores to AB Acquisition LLC, an affiliate of a Cerberus Capital Management-led investor consortium for $3.3 billion.

2. New World: A ‘Reshaping’ Ahold Looks Ahead
Thirty-five years after arriving in the United States — and 10 since an accounting scandal nearly chased it out — the Dutch retailer Ahold has proven an enduring presence in America.

3. New A&P Chairman Mays Cites Progress: Sources
MONTVALE, N.J. — Greg Mays has taken over for Ron Burkle as chairman of A&P here, the company told employees Wednesday.

4. Supervalu-Albertsons Deal Set to Close Thursday
BOISE, Idaho — The sale of five retail banners by Minneapolis-based Supervalu to an investor group headed by Albertsons LLC here and Cerberus Capital Management, New York, is scheduled to take place Thursday.

5. A&P to Close 2 Food Emporium Stores
MONTVALE, N.J. — The previously reported property deal that A&P said would generate $130 million includes two Food Emporium leases to be sold to a private investment firm — and may be the only results of the retailer’s latest attempt to sell off the chain.

Discuss this Blog Entry 1

tstal825@aol.com (not verified)
on Mar 27, 2013

The old SuperValu hopefully is gone. Good Luck to the new and I hope they can rekindle what they have kept. Key is local vendor relations and common sense promotional activity. Fight to be the market leader not reactor. Let each banner run its own business, not everything can be run by the Corp. office. Local vendors will fight with you and usually with better product.

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Liz Webber is Engagement Director / Fresh Market Editor at Supermarket News. She covers fresh foods for the magazine and creates multimedia, blog posts and other content for the website. She joined...

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Carol Angrisani is an associate editor at Supermarket News. Along with covering the packaged goods beat, she also manages SN’s annual private-label and ethnic marketing supplements. Carol...
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