Supervalu said Wednesday a challenging environment led to decreased net sales in the third quarter, including lower-than-expected identical-store sales at its Save-A-Lot division. Adjusted earnings per share of 16 cents on net sales of $4.1 bi...

Supervalu’s potential spinoff of its Save-A-Lot division will prime the discount banner for aggressive unit growth and separate a business that has little in common with the distributor’s retail and independent businesses. “It's a totally diff...

Supervalu on Tuesday said it has begun preparations for a potential public spinoff of its Save-A-Lot business. The move would help Supervalu cash in on momentum from its most profitable division and allow the Minneapolis-based company to focus...

Continued sales momentum at its Save-A-Lot division helped Supervalu post fourth-quarter sales and earnings at the high end of analyst estimates, according to financial results released Tuesday. For the 13-week quarter, which ended Feb. 28, Su...

Supervalu said Tuesday it has launched a refresh of its Wild Harvest natural/organic private brand, including a new logo, slogan and a “free from” product label touting clearer ingredient statements. In addition, the brand, which was launched in...