MINNEAPOLIS — Supervalu on Tuesday announced plans to reduce its national workforce by an estimated 1,100 positions. The reductions include both current positions and open jobs that will not be filled.
The announcement affects nearly all company offices and crosses most departments within the organization. In general, store level employees and Save-A-Lot, the company’s hard-discount retail chain, are not affected by this announcement. Employees whose positions are eliminated will be offered severance and outplacement services based on Supervalu's eligibility guidelines.
“The decision to reduce our workforce, although difficult because of the impacts to our people, is the necessary next step in the rebuilding of our business,” stated Sam Duncan, Supervalu president and CEO. “This move is an important part of our strategy to be more focused and efficient in our operations, including how we staff and support our three business units going forward.”
Today’s announcement follows Supervalu's recent sale of Albertsons, Jewel, ACME, and Shaws/Star Markets, as well as the Sav-On and Osco in-store pharmacies, to AB Acquisition LLC. That transaction was completed March 21. As a result, the remaining organization will require significantly fewer corporate and store support roles and functions making it important that the company restructure its operations and expenses accordingly, Supervalu noted.
Going forward, Supervalu will consist of three key business units, including its wholesale business, Save-A-Lot and five regional grocery banners.
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