Few would argue that Craig Herkert faces one of the biggest challenges in food retailing as the president and chief executive officer of Minneapolis-based Supervalu.
The company, which operates the Albertsons, Jewel, Acme, Shaw’s and other...
MINNEAPOLIS — Supervalu’s stock was down by around 50% in afternoon trading Thursday following the retailer’s announcement late Wednesday that it had engaged financial advisors to seek a potential sale of the company and that it was withdrawin...
NEW YORK — The announcement late Wednesday that Supervalu could sell all or parts of the company has attracted widespread scrutiny from readers on SN’s website.
A steady stream of observations and comments followed SN’s online story detail...
MINNEAPOLIS — Supervalu on Wednesday said its board of directors would seek strategic alternatives including the sale of all or parts of the company while announcing sweeping plans to slash expenses and capital spending after first quarter fin...