Supervalu has begun 2005 with a bang by unveiling two new major initiatives that signal its determination to continue diversifying.In a recent interview, Jeff Noddle, chairman, president and chief executive officer of Minneapolis-based Supervalu...
MINNEAPOLIS -- Supervalu here said last week its third-quarter sales were impacted by weak confidence among low-income consumers.Sales for the 12-week quarter ended Dec. 4, 2004, fell 3.9% to $4.6 billion, and net income rose 33.6% to $64.9...
MINNEAPOLIS -- Supervalu here believes it has a variety of options to grow its business.As a full-service logistics supplier, Supervalu sees opportunities for expanding all its bases, including retail customers, corporate stores and a growing list...
ANAHEIM, Calif. -- Due to a range of pressures, transportation costs will likely continue to rise. However, cooperation with produce buyers may help mitigate a steep increase, a panel of experts concluded at Produce Marketing Association's...
JASPER, Ind. -- Buehler Foods here last week said it has agreed to acquire 16 stores in Kentucky and Indiana from Winn-Dixie Stores, Jacksonville, Fla., and that it plans to convert them to a new banner emphasizing perishables called "Buehler's...
Investors who watched their supermarket stocks languish for the past few years finally got some payoff in the first half of 2004.Although analysts said the competitive pressures that have plagued the industry and subdued stock valuations in recent...
NORFOLK, Va. -- Supervalu confirmed its commitment to Farm Fresh and Shoppers Food Warehouse, its two primary retail brands in the Mid-Atlantic region, as it held its annual meeting here last month.Farm Fresh operates 36 conventional stores in...
FMI'S BLOCK JOINS LAW FIRM, RETAINS ASSOCIATION POSTsale division of Food Marketing Institute here, has joined the law firm of Olsson, Frank and Weeda, also based here, as senior government adviser, the firm said last week. Block, who was...