SUPERVALU INC. announces the appointment of Anne Dament as SVP of Retail, Merchandising and Marketing

SUPERVALU INC. announces the appointment of Anne Dament as SVP of Retail, Merchandising and Marketing   MINNEAPOLIS, 2017-Jan-19 — /EPR Retail News/ — SUPERVALU INC. (NYSE:SVU) today (Jan. 18, 2017) announced that Anne Dament has been named Senior Vice President of Retail, Merchandising and Marketing effective immediately. In this role, Dament will lead the Company’s retail banner operations, oversee the […]

SUPERVALU INC. to hold its fiscal 2017 3Q conference call on January 11, 2017

MINNEAPOLIS, 2017-Jan-04 — /EPR Retail News/ — SUPERVALU INC. (NYSE: SVU) will hold its fiscal 2017 third quarter conference call on Wednesday January 11, 2017 at 9:00 a.m. Central time. The call will be webcast live online at www.supervaluinvestors.com (click on microphone icon). A replay of the conference call will be archived on SUPERVALU’s website […]

SUPERVALU INC. lowers its outlook for full-year adjusted EBITDA

MINNEAPOLIS, 2016-Sep-09 — /EPR Retail News/ — SUPERVALU INC. (NYSE:SVU) today (Sep. 8, 2016) announced that it is lowering its outlook for full-year adjusted EBITDA(1). Although recently announced new business in its Wholesale segment is expected to begin to positively contribute to results later this fiscal year, second quarter business performance in its Retail and Save-A-Lot […]

SUPERVALU INC. to present at Goldman Sachs Global Retailing Conference in New York City

MINNEAPOLIS, 2016-Sep-01 — /EPR Retail News/ — SUPERVALU INC. (NYSE: SVU) will participate in next week’s Goldman Sachs Global Retailing Conference in New York City. President and Chief Executive Officer Mark Gross and Executive Vice President, Chief Financial Officer and Chief Operating Officer Bruce Besanko will address investors at approximately 11:20 a.m. (Eastern Time) on Thursday, September […]

SUPERVALU INC. to serve as primary grocery wholesaler and professional services provider to Marsh Supermarkets

MINNEAPOLIS, 2016-Jul-06 — /EPR Retail News/ — SUPERVALU INC. (NYSE: SVU) today announced it has entered into a long-term supply agreement with Indiana-based Marsh Supermarkets to serve as its primary grocery wholesaler and to provide certain professional services to the grocery chain. Founded in 1931 and headquartered in Indianapolis, Indiana, Marsh operates approximately 70 Marsh Supermarkets […]

SUPERVALU INC. amended its existing $1.5 billion senior secured term loan agreement

MINNEAPOLIS, 2016-May-24 — /EPR Retail News/ — SUPERVALU INC. (NYSE:SVU) today announced it has successfully completed the amendment of its existing $1.5 billion senior secured term loan agreement. On July 28, 2015, the Company announced that it is exploring a potential separation of its Save-A-Lot segment, and that as part of that process it had begun […]

SUPERVALU INC. extended its $1 Billion Asset-Based Revolving Credit Facility to February 3, 2021

MINNEAPOLIS, 2016-Feb-08 — /EPR Retail News/ — SUPERVALU INC. (NYSE:SVU) today announced it has completed the repricing, amendment and extension of its existing $1.0 billion asset-based revolving credit facility, which is secured by the Company’s inventory, credit card and certain other receivables and certain other assets. The amendment reduces the revolving credit facility’s rates on borrowings […]

SUPERVALU INC. announces the appointment of Mark Gross as its President and CEO

MINNEAPOLIS, 2016-Feb-08 — /EPR Retail News/ — SUPERVALU INC. (NYSE: SVU) today announced the appointment of Mark Gross as the Company’s President and Chief Executive Officer, effective February 5, 2016. Gross, age 52, will succeed Sam Duncanwho has previously announced he will be retiring. “Mark is a talented, strategic and results-driven leader with a wealth of […]

SUPERVALU INC. files with US SEC for possible spin-off of its Save-A-Lot business into a separate, publicly traded company

MINNEAPOLIS, 2016-1-8 — /EPR Retail News/ — SUPERVALU INC. (NYSE: SVU) today announced that it filed an initial Form 10 Registration Statement (Form 10) with the U.S. Securities and Exchange Commission in connection with the possible spin-off of its Save-A-Lot business into a separate, publicly traded company. SUPERVALU announced in July 2015 that it was exploring a […]

SUPERVALU INC. to hold its fiscal 2016 Q3 conference call on January 13, 2016

MINNEAPOLIS, 2016-1-5 — /EPR Retail News/ — SUPERVALU INC. (NYSE:SVU) will hold its fiscal 2016 third quarter conference call on Wednesday January 13, 2016 at 9:00 a.m. Central time. The call will be webcast live online at www.supervaluinvestors.com (click on microphone icon). A replay of the conference call will be archived on SUPERVALU’s website under “Investors, Presentations and […]