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Tag: Supervalu

Supervalu Completes Sale of Chains to Cerberus

  • By R. Daneel Olivaw
  • 21 March, 2013
  • No Comments

MINNEAPOLIS, Minn. — Supervalu here on Thursday said it has completed the sale of its Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market stores to AB Acquisition LLC, an affiliate of … Continue Reading →

Supervalu Champaign Division Wins IGA Award

  • By R. Daneel Olivaw
  • 8 March, 2013
  • No Comments

CHICAGO — IGA USA here said Thursday the Champaign, Ill., division of the Midwest region of Supervalu has won the President’s Cup Award that goes to a licensed distribution center … Continue Reading →

Supervalu Revamps Executive Ranks

  • By R. Daneel Olivaw
  • 5 March, 2013
  • No Comments

MINNEAPOLIS — Supervalu here said Monday it has named several new executives, including a new chief executive officer at its Save-A-Lot division. read more Supermarket News

Fitch Upgrades Supervalu Rating

  • By R. Daneel Olivaw
  • 15 February, 2013
  • No Comments

CHICAGO — In anticipation of the closing of the Supervalu-Cerberus transaction next month, Fitch Ratings here said Friday it has upgraded a debt rating on Supervalu. read more Supermarket News

Duncan Takes CEO Spot at Supervalu Early

  • By R. Daneel Olivaw
  • 4 February, 2013
  • No Comments

MINNEAPOLIS — Supervalu here said Monday that Sam K. Duncan has taken over as president and chief executive officer sooner than previously expected. read more Supermarket News

Big Changes at Delhaize and Supervalu Top SN News

  • By R. Daneel Olivaw
  • 25 January, 2013
  • No Comments

Top viewed content on SupermarketNews.com for the week of Jan. 14 SN Social read more Supermarket News

Fitch Affirms Risky Rating for Supervalu

  • By R. Daneel Olivaw
  • 11 January, 2013
  • No Comments

CHICAGO — Fitch Ratings here on Friday said it affirmed its ‘CCC’ default ratings on Supervalu, saying the divestitures announced Thursday reduced its exposure to competitive pressures, but are offset … Continue Reading →

Supervalu Shares Rise on Cerberus Deal

  • By R. Daneel Olivaw
  • 10 January, 2013
  • No Comments

MINNEAPOLIS — Shares of Supervalu rose about 15% Thursday on the news that it was selling about half of its business. read more Supermarket News

Supervalu to Sell 5 Banners to Cerberus

  • By R. Daneel Olivaw
  • 10 January, 2013
  • No Comments

MINNEAPOLIS — Supervalu here said Thursday that it has reached an agreement to sell its Albertsons, Jewel-Osco, Acme, and Shaw’s and Star Market banners to a group led by Cerberus … Continue Reading →

Supervalu to Cut 117 at Wisconsin DC

  • By R. Daneel Olivaw
  • 9 January, 2013
  • No Comments

PLEASANT PRAIRIE, Wis. — Supervalu will lay off 117 workers at a distribution center here beginning in March, according to local reports. read more Supermarket News

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