SuperValu

Dollar Tree Promotes Witynski To CEO

In a planned leadership transition, Michael Witynski has been named CEO of Dollar Tree. Gary Philbin, the company’s CEO since September 2017,…

United Natural Foods Acquires Supervalu For Nearly $3 Billion

Grocery giant Supervalu has finally found a buyer. United Natural Foods (UNFI) has acquired Supervalu for approximately $2.9 billion, including debt. Executives…

Impatient Activist Investor Seeks To Reshape Supervalu Board

Blackwells Capital LLC has nominated six candidates to the Supervalu board of directors, which has a total of nine seats. The activist…

Supervalu Officially Sells Off Save-A-Lot For $1.4 Billion

Supervalu has finalized the sale of its discount grocery brand Save-A-Lot to an affiliate of private equity firm Onex Corporation for $1.365…

Supervalu Sells Save-A-Lot For Nearly $1.4 Billion

Ending more than a year of speculation as to who would buy Save-A-Lot, and for how much, Supervalu has sold the 1,368-store…

When Grocers Collide: Ahold And Delhaize To Divest 86 Stores In Wake Of Merger

Netherlands-based grocer Ahold and Belgian-based rival Delhaize have agreed with buyers to divest 86 U.S. stores in an effort to win the…

SuperValu Hastens Anticipated Save-A-Lot Spinoff, Amends $1.5 Billion Loan Agreement

SuperValu is now one step closer to spinning off its Save-A-Lot grocery chain into a stand-alone publicly traded company. The supermarket has…

SuperValu Names Outsider As New President And CEO

SuperValu has appointed Mark Gross as its new President and CEO, effective Feb. 5, 2016. Gross will succeed outgoing CEO Sam Duncan,…

SuperValu Appoints New CEO Of Save-A-Lot, Considers Spinoff Of Discount Chain

SuperValu has appointed Eric Claus as the CEO of Save-A-Lot, the retailer’s discount grocery chain. Claus will start in his role with…

Target May Outsource Grocery Supply Chain To Third Party

Target is seriously considering entering partnerships with third party companies to shore up the big box retailer’s fresh food supply chain and…

SuperValu, Albertson’s Report Data Breach

Supermarket chain SuperValu is investigating a data breach that may have affected credit and debit cards swiped at POS systems in 209…

U.S. Private Label Brands Outpace National Brands

Private label continues to grow in the U.S. as today’s more cost-conscious and technologically empowered consumers question the value of their shopping…