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Supervalu on Wednesday said it has appointed former C&S Wholesale Grocers executive Mark Gross as its president and CEO, replacing Sam Duncan, who previously announced his retirement.
Gross, 52, will assume leadership of the Minneapolis-based ...
Supervalu said Wednesday a challenging environment led to decreased net sales in the third quarter, including lower-than-expected identical-store sales at its Save-A-Lot division.
Adjusted earnings per share of 16 cents on net sales of $4.1 bi...
Supervalu’s potential spinoff of its Save-A-Lot division will prime the discount banner for aggressive unit growth and separate a business that has little in common with the distributor’s retail and independent businesses.
“It's a totally diff...
Supervalu on Tuesday said it has begun preparations for a potential public spinoff of its Save-A-Lot business.
The move would help Supervalu cash in on momentum from its most profitable division and allow the Minneapolis-based company to focus...
SN’s second annual Growth List highlights food retailers with significant plans for new stores in 2015. Click through the slideshow to see a summary of each company, as well as a link to the full report on what’s driving each retailer...
Continued sales momentum at its Save-A-Lot division helped Supervalu post fourth-quarter sales and earnings at the high end of analyst estimates, according to financial results released Tuesday.
For the 13-week quarter, which ended Feb. 28, Su...
Supervalu said Tuesday it has launched a refresh of its Wild Harvest natural/organic private brand, including a new logo, slogan and a “free from” product label touting clearer ingredient statements.
In addition, the brand, which was launched in...
Following the success of its inaugural national sales show last year, Supervalu on Friday said it would host its 2015 National Expo in August in St. Paul., Minn.
This year’s event will take place Aug. 11-13 at the RiverCentre and is open to the ...
Supervalu executives repeatedly used the word “pleased” to describe the company's financial performance in a call with analysts on Wednesday.
And Supervalu has reason to be satisfied; all three business segments — wholesale, Save-A-Lot and tra...