Supervalu Inc

Food industry company news

Subscribe via RSSWhat is RSS?

Latest Articles

Supervalu relaunches Culinary Circle own-label line in US

16 Nov 2015

US grocer Supervalu has given its Culinary Circle private-label line a "new brand positioning", changing the range's packaging and launching more products.

US: Supervalu beats Wall St earnings forecasts

23 Apr 2014

Shares in Supervalu jumped today (23 April) after the US grocer reported fourth-quarter sales and adjusted earnings that came in higher than Wall Street expected.

US: 200 jobs to go in Supervalu restructure

20 Mar 2014

US grocer Supervalu Inc has announced a business restructure which could see 200 jobs axed.

Talking shop: Major US chains eye small-format growth

5 Feb 2014

The convenience channel has become a source of growth for larger grocers in a number of markets. Even in the US, home of the big-box store, major players have tested the water, albeit with patchy success. The likes of Wal-Mart are upping their focus on smaller stores and, although they will not represent a short-term threat to America's 'Cokes and smokes' c-stores, indie operators need to be wary. Hannah Abdulla reports.

US: Ex-Toys "R" Us boss named Supervalu chairman

14 Jan 2014

Former Toys "R" Us chief executive Jerry Storch has become chairman of US grocery retailer Supervalu Inc.

US: Supervalu profits up, sales mixed

10 Jan 2014

US grocery retailer, Supervalu Inc has reported a jump in third-quarter profits but mixed sales across its business.

US: PE firm Cerberus "mulling move for Safeway"

23 Oct 2013

Cerberus Capital Management, the US private-equity firm that acquired a chunk of Supervalu's business earlier this year, is reportedly weighing up a move for another US grocer, Safeway.

Talking shop: What's next for a Burkle-led Fresh & Easy?

19 Sep 2013

Ron Burkle, the US billionaire investor who is to take on the bulk of Tesco's US Fresh & Easy arm, has said he believes the loss-making business gives his Yucaipa fund a base upon which to build. But it is not yet clear what his plans are. Dean Best looks at what could be next.

US: Supervalu appoints Besanko as CFO

25 Jul 2013

Supervalu Inc has appointed Bruce Besanko as CFO to replace Sherry Smith who announced her departure from the retailer in April.

US: Supervalu doubles Q1 profit

18 Jul 2013

US retailer Supervalu has more than doubled its first-quarter earnings reflecting improved operating margins and a gain from the sale of its five retail grocery banners.

In the spotlight: Kroger to benefit from surprise Harris Teeter deal

12 Jul 2013

US retail giant Kroger this week struck a deal to buy regional supermarket chain Harris Teeter in a deal worth US$2.44bn. Analysts believe the deal makes perfect sense, offering synergies and opportunities for Kroger to strengthen its position in the US retail scene. One analyst, however, believes Kroger may face competing bids before a deal is secured. Michelle Russell takes a look.

In the spotlight: Sobeys joy but questions for Safeway

14 Jun 2013

Canada's second-largest grocer Sobeys has swooped to buy the local business of US supermarket giant Safeway. Sobeys has paid a full price for Safeway's Canadian arm but, writes Dean Best, the market was broadly positive and agreed with the company's optimism. For Safeway, however, the sale does leave some questions.

US: PE firm Cerberus "eyes more retail deals"

24 May 2013

Private-equity firm Cerberus Capital Management, which earlier this year bought five food retail chains from Supervalu Inc, is said to be looking at more targets - including regional grocer Harris Teeter.

Quote, unquote: just-food's week in words

3 May 2013

Two UK-based firms were the subject of takeovers this week: R&R Ice Cream, Europe's largest own-label ice cream firm, changed hands after PAI Partners struck a deal to buy the business; and Hain Celestial snapped up UK organic baby food brand Ella's Kitchen.

Barclays 2013 conference: Supervalu unfazed by discount competition

30 Apr 2013

Supervalu Inc has suggested it is unfazed by competition from discounter Aldi in the US but will start growing its Save-a-Lot banner further in order to compete more effectively.

The week ahead - US retail conference; Kellogg, Kraft Q1s

29 Apr 2013

Wal-Mart, Kroger and Supervalu are among the US retailers presenting at a Barclays sector conference next week. The first-quarter results will continue to roll in, with Kellogg, Kraft Foods Group and Canadian retailer Loblaw part of a group of companies to publish numbers.

The week ahead: ABF H1s; Unilever, Hershey, Premier Q1s

22 Apr 2013

A raft of companies report to the market next week, including UK-based food group Associated British Foods, which is set to unveil its half-year results. Data for the first quarter of 2013 will continue to come in, with Unilever, Hershey and Premier Foods plc among those set to publish numbers.

US: Ex-Supervalu exec Van Helden to join Stater Bros.

17 Apr 2013

Former Supervalu Inc executive Peter Van Helden is to become president and COO at US regional retailer Stater Bros.

US: Supervalu CFO Smith to step down

3 Apr 2013

Supervalu Inc has said CFO Sherry Smith will leave the US retailer next month.

US: Supervalu to shed 1,100 jobs nationwide

26 Mar 2013

US retailer Supervalu Inc has announced plans to reduce its workforce by around 1,100 positions.

US: Supervalu shakes up senior management team

4 Mar 2013

US retailer Supervalu Inc has announced a raft of senior management changes as it prepares to finalise a deal to sell five of its chains.

Comment: Organic growth priority for prudent Ahold

13 Feb 2013

Ahold's exit from its ICA retail venture in Scandinavia and the Baltics looks set to net the Dutch company a cool US$3.4bn - but do not expect the Albert Heijn and Giant Food owner to go on an acquisition spree.

US: Supervalu to sell off five chains to PE firm Cerberus

10 Jan 2013

US retailer Supervalu Inc has agreed to sell five of its supermarket chains to AB Acquisition, an investor group led by Cerberus Capital Management.

US: Supervalu "moving towards" Albertsons, Save-a-Lot sale

6 Dec 2012

US retailer Supervalu Inc is reportedly moving toward a deal to sell two of its retail chains, Albertsons and Save-a-Lot, to private-equity group Cerberus Capital Management.

US: Supervalu "talks with PE firm Cerberus continue"

3 Dec 2012

Takeover talks between private-equity firm Cerberus Capital Management and US retailer Supervalu Inc are reportedly continuing despite rumours discussions had stalled.

US: Supervalu to implement pay freeze, cuts benefits

19 Nov 2012

US retailer Supervalu Inc has confirmed plans to implement a pay freeze for all staff at its headquarters in addition to reducing or suspending some benefits.

US: Supervalu to reduce Shaw's staff by 700

2 Nov 2012

Supervalu's New England grocery chain, Shaw, has announced plans to reduce its workforce by 700.

US: Supervalu losses up on charges

18 Oct 2012

Supervalu Inc has booked a jump in second-quarter losses, driven by charges related to the supermarket group's turnaround plan.

Comment: Wal-Mart outlines prudent expansion plans

11 Oct 2012

Wal-Mart, the world's largest retailer, plans to spend an eye-watering $12-13bn on expansion in its next financial year. However, the amount equates to a cut in capex spending and the US retail giant wisely has said it plans "to do more with less".

US: Ground beef recall extends to Safeway

26 Sep 2012

US retailer Safeway Inc has joined the recall of ground beef products supplied by XL Foods over fears that it could be contaminated with e-coli.

1

3

4

5

6

7

8

9

10



Forgot your password?