USA: Supervalu continues restructure, expands in southeast market
US-based supermarket retailer and distributor, Supervalu Inc has acquired nine Save-A-Lot store outlets from Super Discount Markets Inc , a company in which it holds a minority interest. The acquisition forms part of Supervalu's continuing restructuring activities, as the group seeks to expand its presence in the southeast market.
US-based supermarket retailer and distributor, Supervalu Inc has acquired nine Save-A-Lot store outlets from Super Discount Markets Inc, a company in which it holds a minority interest.
The acquisition forms part of Supervalu’s continuing restructuring activities, as the group seeks to expand its presence in the southeast market.
According to the Wall Street Journal, the company expects to see its shares increased by between seven to nine cents by fiscal 2003 as a result of its restructure.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suitedelivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.
