SUPERVALU launches refreshed e-commerce sites Powered by Instacart

SAN FRANCISCO and EDEN PRAIRIE, Minn., 2017-Dec-13 — /EPR Retail News/ — Instacart, the technology-driven, nationwide on-demand grocery delivery service, and SUPERVALU INC. (NYSE: SVU), one of the largest grocery wholesalers and retailers in the U.S., has entered into an exclusive multiyear contract. Under this agreement, SUPERVALU recently launched refreshed e-commerce sites Powered by Instacart for four of […]

SUPERVALU completes the acquisition of Associated Grocers of Florida for $193 million

MINNEAPOLIS, 2017-Dec-12 — /EPR Retail News/ — SUPERVALU INC. (NYSE: SVU) today (Dec. 8, 2017) announced it has completed the previously announced acquisition of Associated Grocers of Florida, Inc. in a transaction valued at approximately $193 million. Associated Grocers of Florida adds a dynamic grocery wholesaler to SUPERVALU’s growing national distribution network with annual sales of approximately $650 million in its last fiscal year […]

SUPERVALU to participate in Barclays “Eat, Sleep, Play – It’s Not All Discretionary” Conference in New York

MINNEAPOLIS, 2017-Nov-29 — /EPR Retail News/ — SUPERVALU INC. (NYSE: SVU) will participate in next week’s Barclays “Eat, Sleep, Play – It’s Not All Discretionary” Conference in New York. President and CEO Mark Gross and Executive Vice President, Chief Strategy Officer and Interim Chief Financial Officer Rob Woseth will address investors at approximately 8:00 a.m. (Eastern Time) on Wednesday, December 6, 2017. A live webcast of this […]

SUPERVALU promotes Anne Dament to Executive Vice President, Retail, Marketing and Private Brands

MINNEAPOLIS, 2017-Nov-15 — /EPR Retail News/ — SUPERVALU INC. (NYSE:SVU) today (Nov. 13, 2017) announced changes to its executive leadership team. Anne Dament has been promoted to Executive Vice President, Retail, Marketing and Private Brands effective immediately. Dament joined SUPERVALU in January 2017 and has made significant contributions to SUPERVALU, including developing a strong plan and implementation strategy to improve the company’s retail […]

SUPERVALU to acquire Associated Grocers of Florida for approximately $180 million

Adds dynamic grocery wholesaler to SUPERVALU’s growing national distribution network Creates opportunities to leverage Associated Grocers’ approximate 1.5 million square feet of owned real estate and enhance Associated Grocers’ international business serving the Caribbean, Central and South America and Asia Provides Associated Grocers’ diverse customer base with access to SUPERVALU’s extensive private brands portfolio, Market Centre specialty division, and varied professional services offering […]

SUPERVALU acquisition of Unified Grocers now complete

MINNEAPOLIS, 2017-Jun-26 — /EPR Retail News/ — SUPERVALU INC. (NYSE: SVU) today (Jun. 23, 2017) announced it has completed the previously announced acquisition of Unified Grocers, Inc. in a transaction valued at $390 million, comprised of $114 million in cash to Unified Grocers’ shareholders for 100 percent of the outstanding stock of Unified Grocers plus the […]

SUPERVALU completed refinancing of its existing senior secured term loan credit agreement

MINNEAPOLIS, 2017-Jun-09 — /EPR Retail News/ — SUPERVALU INC. (NYSE: SVU) today (Jun. 8, 2017) announced it has successfully completed the refinancing of its existing senior secured term loan credit agreement. The new seven-year senior secured term loan credit agreement provides for an initial term loan facility of $525 million, which was used to refinance […]

SUPERVALU to present at Barclays High Yield Bond & Syndicated Loan Conference in Colorado Springs

MINNEAPOLIS, 2017-Jun-03 — /EPR Retail News/ — SUPERVALU INC. (NYSE: SVU) will participate in next week’s Barclays High Yield Bond & Syndicated Loan Conference in Colorado Springs. Chief Operating Officer and Chief Financial Officer Bruce Besanko will address investors at approximately 12:10 p.m. (Eastern Time) on Thursday June 8, 2017. A live webcast of this event […]

SUPERVALU President and CEO Mark Gross to address investors at RBC Capital Markets Consumer and Retail Conference

MINNEAPOLIS, 2017-May-24 — /EPR Retail News/ — SUPERVALU INC. (NYSE: SVU) will participate in next week’s RBC Capital Markets Consumer and Retail Conference in Boston. President and CEO Mark Gross will address investors at approximately 9:20 a.m. (Eastern Time) on Wednesday, May 31, 2017. A live webcast of this event will be available through the SUPERVALU […]

Supervalu Finishes Fiscal 2017 With Momentum

Fourth quarter net earnings from continuing operations of $6 million; adjusted EBITDA of $124 million Fourth quarter net earnings per share from continuing operations of $0.02; adjusted earnings per share of $0.13 Completion of Save-A-Lot sale in fourth quarter strengthened balance sheet Agreement to acquire Unified Grocers announced in April 2017 Total outstanding debt and […]

SUPERVALU announces plans for its fourth annual National Expo

Fourth annual event for independent grocery retailers builds on last year’s success EDEN PRAIRIE, Minn., 2017-Apr-08 — /EPR Retail News/ — SUPERVALU INC. (NYSE: SVU) today (Apr. 6, 2017) announced plans for its fourth annual National Expo, which will be held July 25-27 at the RiverCentre in St. Paul, Minn. The event will feature a […]

SUPERVALU finalized the sale of its Save-A-Lot business to Onex Corporation for $1.365 billion in cash

EDEN PRAIRIE, Minn., 2016-Dec-07 — /EPR Retail News/ — SUPERVALU INC. (NYSE: SVU) today (Dec. 5, 2016) announced it has finalized the sale of its Save-A-Lot business to an affiliate of Onex Corporation (TSX: ONEX) for $1.365 billion in cash, subject to customary closing adjustments. With the sale of Save-A-Lot, SUPERVALU is now a more […]

SUPERVALU selected by America’s Food Basket (AFB) as grocery wholesaler and supplier

EDEN PRAIRIE, Minn. & LAKE SUCCESS, N.Y., 2016-Nov-10 — /EPR Retail News/ —SUPERVALU INC. (NYSE:SVU) and America’s Food Basket (AFB) today (Nov. 9, 2016) announced that SUPERVALU has been selected by AFB as a grocery wholesaler and supplier. The parties have entered into a long-term agreement for SUPERVALU to supply the AFB member stores with […]

SUPERVALU’s outstanding debt further reduced during Q2-FY2017

Net earnings from continuing operations of $30 million; Adjusted EBITDA of $147 million Net earnings per share from continuing operations of $0.11; adjusted earnings per share of $0.10 Outstanding debt further reduced by approximately $100 million in the quarter MINNEAPOLIS, 2016-Oct-21 — /EPR Retail News/ — SUPERVALU INC. (NYSE: SVU) today reported second quarter fiscal 2017 […]

SUPERVALU to sell Save-A-Lot business to Onex Corporation for $1.365 billion in cash

MINNEAPOLIS, 2016-Oct-19 — /EPR Retail News/ — SUPERVALU INC. (NYSE:SVU) today (Oct. 17, 2016) announced that it has entered into a definitive agreement whereby an affiliate of Onex Corporation (TSX:OCX) will acquire SUPERVALU’s Save-A-Lot business for$1.365 billion in cash, subject to customary closing adjustments. In connection with the sale, SUPERVALU and Save-A-Lot will enter into a […]

SUPERVALU to hold its fiscal 2017 2Q conference call on Wednesday October 19, 2016

MINNEAPOLIS, 2016-Oct-12 — /EPR Retail News/ — SUPERVALU INC. (NYSE: SVU) will hold its fiscal 2017 second quarter conference call on Wednesday October 19, 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, […]

SUPERVALU to serve as grocery wholesaler and distributor to The Fresh Market

MINNEAPOLIS, 2016-Aug-17 — /EPR Retail News/ — SUPERVALU INC. (NYSE:SVU) and THE FRESH MARKET, INC. today announced they have reached a long-term supply agreement for SUPERVALU to serve as a grocery wholesaler and distributor to The Fresh Market. Founded in 1982 and headquartered in Greensboro, North Carolina, The Fresh Market is a specialty retailer focused on […]

SUPERVALU donates $100,000 to Feeding America to support its mission to end hunger

SUPERVALU donates $100,000 to Feeding America to support its mission to end hunger   EDEN PRAIRIE, Minn, 2016-Aug-16 — /EPR Retail News/ — Representatives for Feeding America were on hand last evening at SUPERVALU’s 2016 National Expo to accept a $100,000 donation in support of the organization’s mission to end hunger. The donation was made possible […]

SUPERVALU announces Save-A-Lot, Inc. filed Amendment No. 2 to Form 10 in connection with its possible spin-off into separate, publicly traded company

MINNEAPOLIS, 2016-Aug-12 — /EPR Retail News/ — SUPERVALU INC. (NYSE: SVU) today announced that Save-A-Lot, Inc., a wholly owned subsidiary of the Company, has filed Amendment No. 2 to its Form 10 Registration Statement (Form 10) with the U.S. Securities and Exchange Commission in connection with the possible spin-off of Save-A-Lot into a separate, publicly traded […]

SUPERVALU 1Q-FY2017: $5.20 billion consolidated net sales; net earnings from continuing operations at $47 million

MINNEAPOLIS, 2016-Jul-28 — /EPR Retail News/ — SUPERVALU INC. (NYSE: SVU) today reported first quarter fiscal 2017 consolidated net sales of $5.20 billion and net earnings from continuing operations of $47 million, or $0.17 per diluted share, which included $6 million in net after-tax charges and costs related to a debt refinancing and debt prepayment, the […]

SUPERVALU to hold its fiscal 2017 first quarter conference call on Wednesday July 27, 2016

MINNEAPOLIS, 2016-Jul-18 — /EPR Retail News/ — SUPERVALU INC. (NYSE: SVU) will hold its fiscal 2017 first quarter conference call on Wednesday July 27, 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, […]

SUPERVALU to acquire 22 Food Lion grocery stores that are being sold in connection with the merger between Ahold and Delhaize

MINNEAPOLIS, 2016-Jul-15 — /EPR Retail News/ — SUPERVALU INC. (NYSE:SVU) today announced it has entered into a definitive agreement to acquire 22 Food Lion grocery stores that are being sold in connection with the merger between Ahold and Delhaize. The 22 Food Lion stores are located in northern West Virginia, western Maryland, south central Pennsylvania and […]

SUPERVALU: Save-A-Lot, Inc. files Amendment No. 1 to its Form 10 for possible spin-off into separate, publicly traded company

MINNEAPOLIS, 2016-Jun-13 — /EPR Retail News/ — SUPERVALU INC. (NYSE: SVU) today announced that Save-A-Lot, Inc., a wholly owned subsidiary of the Company, has filed Amendment No. 1 to its Form 10 Registration Statement (Form 10) with theU.S. Securities and Exchange Commission in connection with the possible spin-off of Save-A-Lot into a separate, publicly traded company. […]

Former Family Dollar and Giant Eagle Executive Mary Winston joins SUPERVALU Board

EDEN PRAIRIE, Minn., 2016-Apr-29 — /EPR Retail News/ — SUPERVALU INC. (NYSE:SVU) today announced that experienced financial executive and corporate board member Mary Winston has been appointed to SUPERVALU’s Board of Directors effectiveApril 27, 2016. Ms. Winston joins the Board having most recently served from 2012 through August 2015 as the Executive Vice President and Chief […]

James Weidenheimer named to SUPERVALU’s newly-created position of Executive VP, Corporate Development and Chief Innovation Officer

Company announces additional executive role changes and renaming of Independent Business segment to Wholesale MINNEAPOLIS, 2016-Apr-20 — /EPR Retail News/ — SUPERVALU INC. (NYSE:SVU) today announced that veteran wholesale executive James Weidenheimer, 57, has been named to the newly-created position of Executive Vice President, Corporate Development and Chief Innovation Officer, reporting to SUPERVALU President and Chief […]

SUPERVALU INC. to hold its fiscal 2016 fourth quarter conference call on Tuesday April 26, 2016

MINNEAPOLIS, 2016-Apr-18 — /EPR Retail News/ — SUPERVALU INC. (NYSE:SVU) will hold its fiscal 2016 fourth quarter conference call on Tuesday April 26, 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 […]

SUPERVALU reports $4.11 billion net sales in Q3 fiscal 2016

Consolidated operating earnings of $101 million; Adjusted EBITDA of $182 million for Q3 fiscal 2016 Net earnings per share from continuing operations of $0.13; adjusted earnings per share of $0.16 Redeemed remaining $278 million of 8.00% Senior Notes due May 2016 on January 6, 2016 MINNEAPOLIS, 2016-01-13 — /EPR Retail News/ — SUPERVALU INC. (NYSE: SVU) today […]

SUPERVALU’s EVP Janel Haugarth to retire on December 26, 2015

SUPERVALU’s Cub Foods President Mike Stigers named new Executive Vice President, Independent Business and Supply Chain to succeed Haugarth MINNEAPOLIS, 2015-11-18 — /EPR Retail News/ — SUPERVALU INC. (NYSE: SVU) today announced that Janel Haugarth, Executive Vice President and President, Independent Business and Supply Chain Services, has informed the Company of her plans to retire on December […]

SUPERVALU reports 2Q fiscal 2016 net sales of $4.06 billion

Consolidated operating earnings of $94 million for Q2 fiscal 2016 Adjusted EBITDA of $166 million for Q2 fiscal 2016 Save-A-Lot sales, operating earnings and Adjusted EBITDA increase over last year’s second quarter Ninth consecutive quarter of positive Save-A-Lot corporate stores ID sales MINNEAPOLIS, 2015-10-22 — /EPR Retail News/ — SUPERVALU INC. (NYSE:SVU) today reported second quarter fiscal […]

SUPERVALU to hold its fiscal 2016 Q2 conference call on October 21, 2015

MINNEAPOLIS, 2015-10-14 — /EPR Retail News/ — SUPERVALU INC. (NYSE:SVU) will hold its fiscal 2016 second quarter conference call on Wednesday October 21, 2015 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 […]