- Supervalu commits to fixing retail banners, reports positive IDs for Save-A-Lot
- Supervalu launches fleet of natural gas-powered trucks out of Virginia
- Two Supervalu board members, both with Cerberus, resign in wake of Safeway/Albertsons deal
- McKesson names industry veterans Chris Dimos, Melanie Nallicheri to SVP roles
- Supervalu names Jerry Storch chairman, succeeds Robert Miller in that capacity
MINNEAPOLIS — Supervalu on Tuesday announced plans to reduce its national work force by an estimated 800 positions. A majority of these reductions will take place by the close of the company’s fiscal year on Feb. 25, 2012. The reductions include both current positions and open jobs that will not be filled.
“These reductions are necessary to help further strengthen and accelerate Supervalu's business turnaround in a very competitive marketplace," Supervalu president and CEO Craig Herkert said. “While the announcement of a work force reduction is difficult news to share, due to its direct impact on our associates, these changes will allow us to better connect with customers and put more authority in the hands of people who interact more closely with our customers.”
In general, store level associates are not affected by this announcement, the grocer stated.