NEW YORK — A renewed period of price investments across the industry — driven by Supervalu's efforts to drive customer sales and traffic — could have a negative impact on already declining gross margins over the next 18 months, according to a ...
MINNEAPOLIS — Supervalu here on Monday said that Bill Parker has been named interim president of its Farm Fresh division, succeeding Gaelo de la Fuente, who is leaving the company to pursue other interests.
Parker, currently Farm Fresh’s s...
MINNEAPOLIS — The Albertsons stores slated for closure in Southern California are spread throughout the region, while the 22 Save-A-Lots slated to be closed are mostly in the Southeast and Pacific Northwest.
As previously reported, Superva...
NEW YORK — The rate at which traditional supermarkets in the U.S. lose share to alternative formats will slow as the leading grocers roll out sales-building strategies, according to a research note from Moody’s Investors Service here.
"We ...
MINNEAPOLIS — Supervalu is the latest private-label marketer to throw its hat in the single-cup coffee ring.
Java Delight Single Serve UnCup, a new single-portion size of its premium coffee product, will begin appearing in stores in about ...
MINNEAPOLIS — Supervalu here said it has successfully completed its previously announced debt refinancing transactions, totaling $2.5 billion.
They included a new, five-year, $1.65 billion asset-based revolving credit facility secured by t...
MINNEAPOLIS — Supervalu here said Wednesday it has restructured its executive leadership team "to ensure alignment around the company's goals and to better drive and execute [its] business turnaround."
According to Wayne Sales, chairman, p...
WEST HOLLYWOOD, Calif. — The West Hollywood City Council has passed an ordinance banning single-use, carryout plastic bags at the point of sale from all pharmacy, grocery and retail stores here.
The ordinance is based on the ban currently ...
PHILADELPHIA — Local dental student Joseph Facciolo was declared the winner of the $1 million grand prize in the Sizzlin’ Summer Giveaway Collect & Win Game held by Acme Markets here, a division of Supervalu.
“I’m still in disbelief that I...