MINNEAPOLIS — Supervalu here said yesterday it has decided to partner with a third-party provider to perform certain services within its finance function — a decision that will reportedly result in eliminating 135 positions from the company's finance and accounting team. Supervalu said in a statement the decision was made "after months of careful analysis [as] part of our ongoing efforts to improve operational efficiencies and enhance our competitiveness. Partnering with a provider who specializes in this type of work will enable us to improve processes and reduce costs so that we can apply greater resources to serving our customers." Supervalu did not name the third-party provider. In a memo obtained yesterday by SN, Jeff Noddle, Supervalu chairman and chief executive officer, said the change "will ultimately affect approximately 135 finance and accounting associates across the Minneapolis and Boise campuses — specifically within the accounts payable, vendor accounts receivable and enterprise asset management functions." It said the transition process will occur over a period of approximately 12 to 18 months.
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