Supervalu Inc - food industry company news 
US: Supervalu to cut 800 jobs
7 February 2012
US retail chain Supervalu Inc is to reduce its workforce by around 800 staff in a bid to accelerate a turnaround of the business.
US: Moore to lead Supervalu marketing
25 January 2012
Supervalu Inc has moved Michael Moore, who joined the US retailer last year to help turn around the business, to the position of chief marketing officer.
US: Supervalu issues profit warning after Q3 loss
12 January 2012
Shares in Supervalu Inc slumped yesterday (11 January) after the US retailer issued a profit warning amid more write-downs and poorer sales in its third quarter, which led to a loss of US$750m.
US: Mead Johnson welcomes all-clear on infant formula
3 January 2012
US infant nutrition maker Mead Johnson has welcomed test results that show its infant formulas are not related to four cases of infection.
US: Supervalu shares drop after Q2
20 October 2011
Shares in US retail giant Supervalu Inc dropped yesterday (19 October) after it announced a fall in projected annual earnings.
US: California chains avoid strike with pay deal
20 September 2011
Retailers in southern California have avoided strike action at their stores after union officials and supermarket chiefs negotiated an agreement over contracts.
US: Former Wal-Mart exec Johnson takes Family Dollar food role
19 September 2011
Former Wal-Mart Stores executive Trey Johnson has joined US discount retailer Family Dollar Stores in a senior grocery role.
US: Strikes loom for Kroger, Safeway and Supervalu
16 September 2011
Workers at US retailers Kroger, Safeway Inc and Supervalu Inc could strike this weekend following a breakdown in talks over contracts.
US: Wal-Mart, Delhaize stores remain closed in wake of Irene
30 August 2011
Stores owned by retailers including Wal-Mart Stores and Delhaize remain closed in the wake of Hurricane Irene, which hit the US east coast on Saturday (27 August).
US: Supervalu Q1 net income up on reduced costs
26 July 2011
US grocery operator Supervalu Inc has reported an increase in first-quarter net income as cost cuts helped offset a drop in sales.
Editor's choice: the highlights on just-food this week
22 July 2011
The weak consumer climate was brought into sharp relief in the UK this week when data showed the steepest drop in food sales volumes for over 20 years. On the other side of the Irish Sea, retailer Superquinn moved into receivership and local rival Musgrave was lined up as a buyer, although the deal has met opposition. And, in the US, PepsiCo became the first of the major food makers to issue second-quarter results - with a promise to raise prices to offset commodity pressure. Click on the headlines for more.
US: Supervalu names Bergmann president of independent business
22 July 2011
US grocery retailer Supervalu Inc has appointed Leon Bergmann as president of its independent business division.
US: Retailers commit to opening stores in food deserts
21 July 2011
Leading US retailers including Wal-Mart Stores, Supervalu Inc and Walgreens have committed to opening stores in low-income areas as part of an initiative with the Partnership for a Healthier America and First Lady Michelle Obama.
US: A&P completes Superfresh auction
26 May 2011
US retailer A&P has said that it has completed the auction of 25 of its Superfresh outlets.
US: Wal-Mart exec Roces takes charge of Supervalu's Save-A-Lot
13 May 2011
Wal-Mart Stores executive Santiago Roces has become the new CEO and president of Save-A-Lot, the US hard discount chain owned by Supervalu Inc.
Editor's choice: the highlights on just-food this week
6 May 2011
This week has been marked by some high profile acquisition plays with ConAgra Foods making its desire to acquire Ralcorp Holdings known and DuPont making its final offer for Danisco. Meanwhile, the UK recovered from the four-day hangover of the Royal Wedding and May bank holiday, a period, which retailer Morrisons said provided it with its two largest trading days of the year so far
US: Supervalu to streamline private-label offer
4 May 2011
US grocer Supervalu Inc plans to roll out a new national-brand equivalent private-label, Essential Everyday, to replace its existing banner-branded products.
US: Supervalu's Acme banner to eliminate 900 jobs
3 May 2011
Supervalu Inc chain Acme has announced that it will eliminate some 900 part-time jobs, effective 7 May.
Best bits: Tesco's Clarke prepares for scrutiny
18 April 2011
Tomorrow (19 April), Tesco chief executive Philip Clarke will sit down with analysts and - later - the media to discuss the retailer's financial performance over the last 12 months.
In the spotlight: Supervalu looks to move on after challenging year
15 April 2011
Supervalu Inc, one of the largest grocers in the US, has had a troubled 12 months - some would argue two years - but the company's management is looking to the new financial year with optimism. Dean Best reports.
Editor's choice: the highlights on just-food this week
15 April 2011
Flowers Foods, Supervalu Inc and Kraft Foods gave the top just-food headlines a distinctly American flavour this week. Flowers struck a deal to buy Tasty Baking, Supervalu, one of the largest grocers in the US, announced its annual results and Kraft said it was giving some of its smaller brands a marketing push. On this side of the pond, issues of reformulation and functional foods remained high on the industry's agenda. Click on on the headlines to find out more.
Quote, unquote: just-food's week in words
15 April 2011
Innovation and reformulation seemed to be a common theme this week, with PepsiCo outlining concerns that it might meet their targets, while Baxters said people are getting increasingly confused about the information they are given. Meanwhile, Carrefour and Supervalu's latest batch of results recieved a mixed response. Here's the best of what was said this week:
US: Supervalu hit by asset impairment charges
14 April 2011
US grocer Supervalu today (14 April) recorded a loss for 2011 after it was hit by a series of asset impairment charges and the costs of store closures.
Best bits: Europe's food retailers grab the headlines
7 March 2011
With spin offs, a significant acquisition and the entry of a new chief executive, Europe's largest food retailers dominated industry headlines last week.
US: Supervalu's Save-A-Lot to open five Chicago stores
22 February 2011
US discounter Save-A-Lot plans to open five stores in Chicago's South Side on Thursday (24 February), a move that it says will nearly double its presence in the area.
US: A&P names six merchandising, marketing execs
16 February 2011
A&P has appointed six executives to its merchandising and marketing team to help the US retailer enhance value for customers, while reducing structural and operating costs.
US: Supervalu appoints Bergmann as group VP
4 February 2011
US grocery retailer Supervalu Inc has appointed Leon Bergmann as vice president of independent sales marketing and merchandising.
US: Supervalu appoints Jewel-Osco president
28 January 2011
US grocer operator Supervalu Inc has promoted its SVP of speciality retail to the position of president of its Jewel-Osco banner.
Ahold's FY and Q4 trading: what the analysts say
20 January 2011
Dutch retail giant Ahold this morning (20 January) reported a "strong sales performance" in all of its markets in 2010, resulting in an increase in full-year and fourth-quarter sales.
US: Albertsons announces store closures
19 January 2011
Privately-owned retailer Albertsons is to close seven stores in Texas, it confirmed today (19 January).
Related research
SUPERVALU INC. - SWOT Analysis
Datamonitor's SUPERVALU INC. - SWOT Analysis company profile is the essential source for top-level company data and information. SUPERVALU INC. - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.SUPERVALU Inc. (Supervalu or “the company”) is engaged in food retailing and also provides supply chain services. The company operates in the US. Supervalu is headquartered in Eden Prairie, Minnesota and employs about 160,000 people. The company recorded revenues of $40,597 million during the financial year ended February 2010 (FY2010), a decrease of 8.9% compared to 2009. The decline in sales is attributed to decrease in identical store sales due to the challenging economic environment, heightened competitive activity and investments in price and promotions. Also, the revenues declined in the supply chain business due to the completion of a national retail customer's previously announced plans to transition certain volume to self-distribution. The operating profit of the company was $1201 million in FY2010, compared to an operating loss of $2,157 million in 2009. The net profit was $393 million in FY2010, compared to a net loss of $2,855 million in 2009.
SUPERVALU Inc. - SWOT Analysis
SUPERVALU Inc. - SWOT Analysis company profile is the essential source for top-level company data and information. SUPERVALU Inc. - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.SUPERVALU (Supervalu or “the company”) is engaged in food retailing and also provides supply chain services primarily wholesale distribution. The company operates in the US. Supervalu is headquartered in Eden Prairie, Minnesota, and employs about 142,000 people. The company recorded revenues of $37,534 million during the financial year ended February 2011 (FY2011), a decrease of 7.5% compared with FY2010. The company suffered an operating loss of $976 million in FY2011, compared with an operating profit of $1,201 million in FY2010. The net loss was $1,510 million in FY2011, compared with a net profit of $393 million in FY2010.
SUPERVALU INC. - Strategy, SWOT, and Corporate Finance Report
Datamonitors' SUPERVALU INC.’s SWOT, Strategy and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company’s structure, operation, SWOT analysis, product and service offerings, detailed financials, and corporate actions, providing a 360° view of the company.
