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Supervalu Inc

Talking shop: Major US chains eye small-format growth

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: 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.…

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…