Supervalu assimilates the best of Albertsons in its diversity strategy
Supervalu, rooted in America's heartland, faced a culture shock with its $12.4 billion purchase of Albertsons' prize assets. The acquisition last year catapulted Supervalu from a traditional Midwest distributor that did 50% of its annual sales in retail markets that weren't so diverse, to a retailer of national scope that generated 80% of its corporate sales in a variety of demographic retail markets. The Albertsons deal placed Minneapolis-based Supervalu into some of the largest urban ...
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