US retailer Supervalu Inc has announced plans to reduce its workforce by around 1,100 positions.
In a statement today (26 March), the retail group said the move, part of its strategy to become “more focused and efficient”, will include both current and open positions.
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Supervalu said the sale of five of its grocery chains, completed last week, means the remaining business will need “significantly fewer” corporate and store support roles and functions. The final working dates for impacted employees will vary based on the needs of the business, it said.
“The decision to reduce our workforce, although difficult because of the impacts to our people, is the necessary next step in the rebuilding of our business,” Supervalu president and CEO Sam Duncan. “This move is an important part of our strategy to be more focused and efficient in our operations, including how we staff and support our three business units going forward.”
The announcement affects nearly all company offices and crosses most departments within the organisation. Store-level employees and Supervalu discount chain Save-A-Lot, however, are generally not affected by the reductions, it said, with more emphasis on corporate and store support centre offices.
Supervaly said its three key business units comprising its independent business, Save-A-Lot and five-strong regional retail banners will provide it with “a strong foundation” and are expected to generate around US$17bn in revenues annually.
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