Supervalu relaunches Culinary Circle own-label line in US
US grocer Supervalu has given its Culinary Circle private-label line a "new brand positioning", changing the range's packaging and launching more products.
Supervalu Inc
US: Supervalu beats Wall St earnings forecasts
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
US grocer Supervalu Inc has announced a business restructure which could see 200 jobs axed.
Talking shop: Major US chains eye small-format growth
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
Former Toys "R" Us chief executive Jerry Storch has become chairman of US grocery retailer Supervalu Inc.
US: Supervalu profits up, sales mixed
US grocery retailer, Supervalu Inc has reported a jump in third-quarter profits but mixed sales across its business. Net earnings for the 12 weeks to the end of November stood…
US: PE firm Cerberus “mulling move for Safeway”
Cerberus Capital Management, the US private-equity firm that acquired a chunk of Supervalu Inc's business earlier this year, is reportedly weighing up a move for another US grocer, Safeway Inc.…
Talking shop: What’s next for a Burkle-led Fresh & Easy?
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…
US: Supervalu appoints Besanko as CFO
Supervalu Inc has appointed Bruce Besanko as CFO to replace Sherry Smith who announced her departure from the retailer in April. Besanko, previously CFO for US office supplies firm OfficeMax,…
US: Supervalu doubles Q1 profit
US retailer Supervalu Inc 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 three…
In the spotlight: Kroger to benefit from surprise Harris Teeter deal
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…
