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WEST BRIDGEWATER, Mass. — Supervalu said it would lay off approximately 700 store-level workers at its troubled Shaw’s chain here, saying the move would reduce expenses and allow more efficient deployment of labor.
The layoffs, which were ...
CHICAGO – Hy-Vee, H-E-B and Save Mart ranked in the top five retailers with the fastest responses to phone calls to their corporate headquarters, according to a study by call manager Ifbyphone here.
The study tested 100 retailers to determ...
ATLANTA — RedPrairie here and JDA Software, Scottsdale, Ariz., both suppliers of enterprise software and services to retailers and manufacturers, announced today that JDA and affiliates of RedPrairie have entered into a definitive merger agree...
EDEN PRAIRIE, Minn. — Supervalu’s Albertsons, Jewel-Osco and Cub Foods stores will introduce shoppers to deserving puppies, kittens, dogs and cats Nov. 2 and 3, as part of the Iams Home 4 the Holidays pet adoption event.
Representatives at...
MINNEAPOLIS — Stock in Supervalu was up by more than 40% Monday, apparently driven by speculation of a leveraged takeover.
Published reports, citing Debtwire, said Cerberus Capital Management was seeking $4 billion to $5 billion in debt fi...
MINNEAPOLIS — Supervalu here said Thursday it is rethinking its aggressive price-reduction efforts and weighing a more "holistic" approach to value.
The revised effort comes as Supervalu posted a loss of $111 million in the fiscal second q...
MINNEAPOLIS — Supervalu here said Thursday that it recorded a loss of $111 million in the fiscal second quarter on a 4.6% decline in sales, to $8 billion.
Same-store sales in the company’s retail food division fell 4.3% for the quarter, an...