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Supervalu to Cut 800 Office Positions

MINNEAPOLIS — Supervalu here said Tuesday it plans to reduce its national workforce by approximately 800 positions, with the majority of cuts prior to Feb. 25, the date its fiscal year ends. More
Top Executive

Craig Herkert - President & CEO

Craig Herkert, president and chief executive officer of Minneapolis-based Supervalu, is laying the foundation for the company's long-term future through an eight-point turnaround strategy.“There's a great deal of work ahead, but I'm confident Supervalu is turning the corner,” he told financial analysts at the company's investor conference in early May. More

  • Feb. 21, 2012
    Article

    Publix, Whole Foods Lead Satisfaction Index

    ANN ARBOR, Mich. — Customer satisfaction with supermarkets was up 1.3% in the fourth quarter, with Publix Super Markets again leading the pack, according to the latest data from the American Customer Satisfaction Index here....More
  • Feb. 13, 2012
    Article

    Analysts Dissect Supervalu’s Plan to Cut 800 Positions 2

    MINNEAPOLIS — Supervalu here said last week it plans to reduce its national workforce of office employees by approximately 800 positions over the next couple of weeks — a move analysts said will result in pretax savings exceeding $30 million....More
  • Feb. 13, 2012
    Article

    Supervalu Expands Distribution of Essential Everyday 2

    LAS VEGAS — Supervalu is extending the Essential Everyday private-label created last year to consolidate its retail stores' banner brands, to select independents....More
  • Feb. 13, 2012
    Article

    Wholesalers Suggest More Shelf Control

    LAS VEGAS — IGA retailers should be willing to give up some control of shelf space and allow their licensed distribution companies to decide which new items to bring in and which ones to discontinue, wholesale executives said during the IGA Global Rally here....More
  • Feb. 9, 2012
    Article

    Grocers Drop Paper Product at WWF Urging

    WASHINGTON — Bi-Lo, Brookshire Grocery Co., Delhaize Group, Harris Teeter, Kmart, Kroger, Supervalu and Weis Markets have stopped carrying tissue products made with fiber from Asia Pulp & Paper due to its link to destruction of Indonesian rainforests and tiger habitats, according to a World Wildlife Fund report....More
  • Feb. 7, 2012
    Article

    Supervalu to Cut 800 Office Positions 11

    MINNEAPOLIS — Supervalu here said Tuesday it plans to reduce its national workforce by approximately 800 positions, with the majority of cuts prior to Feb. 25, the date its fiscal year ends....More
  • Feb. 2, 2012
    Article

    Four Albertsons Achieve 'Zero Waste'

    MINNEAPOLIS — Supervalu here said Thursday four Albertsons stores in the Seattle area have achieved a "zero waste" classification after diverting more than 90% of all waste away from landfills....More
  • Jan. 30, 2012
    Article

    Shoppers Expands Nutrition iQ to Perishables

    BOWIE, Md. — Shoppers Food and Pharmacy here has expanded its in-store nutritional navigation program “nutrition iQ” into its fresh food departments, offering shoppers detailed information about fruits, vegetables, meat, seafood, baked goods and other items....More
  • Jan. 27, 2012
    Article

    Cameras Cut Supervalu’s Trucking Costs 4

    ORLANDO, Fla. — Minneapolis-based Supervalu saved almost $66,000 on annual repair, liability and workers’ compensation costs in the trucking operation at one of its distribution centers as a result of installing an onboard camera system....More
  • Jan. 24, 2012
    Article

    Supervalu Taps Moore as New CMO

    MINNEAPOLIS — Supervalu here on Wednesday said it has named Procter & Gamble veteran Michael Moore as its new chief marketing officer, succeeding Julie Dexter Berg, who is leaving the company....More
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GENERAL INFORMATION

Corporate Headquarters
Minneapolis

Number of Stores
2,349

Store Banners
Albertsons, Jewel-Osco, Acme, Cub Foods, Shaw's, Save-A-Lot, Shoppers, Shop 'n Save, Farm Fresh, Hornbacher's, Lucky

Website
www.supervalu.com

Company Contact

TOP MANAGEMENT

Craig Herkert
CEO

Peter J. Van Helden
EVP, retail operations

Janel Haugarth
EVP, merchandising and logistics

Sherry M. Smith
EVP and CFO

Santiago Roces
President and CEO, Save-A-Lot

FINANCIAL INFORMATION

Sales:
$37.5 billion (FY 2011)

2011 1st Quarter
$11.1 billion (FY 2012)

2011 2nd Quarter
$8.4 billion (FY 2012)

2011 3rd Quarter
$8.3 billion (FY 2012)

Top Retailers
  1. Walmart
  2. Kroger
  3. Safeway
  4. Supervalu
  5. Ahold USA
  6. Delhaize America
Upcoming Supervalu Events
  • Jan 9
    2012: Q3 Results
     
     

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