MINNEAPOLIS — Supervalu reached an agreement to sell its Jewel-Osco, Acme, Albertsons, Shaw's and Star Market banners to a group led by Cerberus Capital Management in a deal valued at $3.3 billion... More
Sam Duncan, the newly installed president and CEO of Supervalu, agreed the company has "a lot of work ahead" as he seeks to restore top- and bottom-line gains at the slimmed-down company... More
Supervalu’s new president and CEO, Sam Duncan, spent his career in retailing, but lately I keep associating him with automotives. That’s because he’s the new head mechanic charged with fixing the Minneapolis-based distributor, and he just found some scary things under the hood....More
MINNEAPOLIS — In his first quarterly address since taking the reins at a slimmed-down Supervalu, Sam Duncan said the company would focus on decentralizing its retail banners, a new commitment to pricing at Save-A-Lot and recharging its wholesale business....More
MINNEAPOLIS — Supervalu here said Wednesday that Sherry Smith, executive vice president and chief financial officer, will leave the company at the end of May....More
MINNEAPOLIS — For Supervalu, it should become clear by the fall whether the new management team is getting the company moving in a more positive direction, industry observers told SN....More
