May 7, 2014

Supervalu, the owner of Cub Foods, along with four Twin Cities-based independent grocery retailers, on Wednesday announced they had each entered into definitive agreements to acquire 18 Rainbow Foods grocery stores from Roundy’s for approximately $65 million plus inventory.

March 4, 2013

Supervalu announced several changes to its executive and banner retail leadership teams, as it continues preparations to move forward with a focus on serving wholesale grocery operators, growing its hard discount format and running a smaller, more efficient retail operation following the close of its previously announced transaction with AB Acquisition (Albertson's LLC).

January 11, 2013

Last week in a much anticipated move, Cerberus Capital Management acquired 877 supermarkets from Supervalu for $100 million in cash and the assumption of $3.2 billion in debt. Also part of the deal, a Cerberus-led investor consortium will provide the remaining Supervalu business an influx with the purchase of up to 30% of Supervalu stock at a purchase price of $4 per share.

Following the transaction, Supervalu will be a $17 billion business comprised mostly of its distribution business, which will represent 47% of revenues, Save-A-Lot (25%) and 191 regional supermarkets (28%).

January 7, 2013

The breakup of Supervalu to private equity firm Cerberus Capital Management could be announced as soon as Thursday when Supervalu shares third-quarter results with analysts, according to a report in the Wall Street Journal published Friday.

September 5, 2012

Supervalu on Wednesday afternoon announced it will close approximately 60 underperforming or nonstrategic stores this fiscal year, including 38 in its retail food reporting segment and 22 Save-A-Lot locations.

September 5, 2012

Supervalu banner Cub Foods, KSTP-TV, MOM Brands, Dr Pepper Snapple Group and Dean Foods on Tuesday announced a partnership to sponsor the Hunger Action Month food drive under the banner “Give a Little, Feed a Lot” during September at all Cub Foods stores in Minnesota.

June 8, 2012

Quietly but noticeably, two trends have been occurring over the past few years: A move toward "locavorism" and a demand for fresh produce. The fresh produce trend is evident from a Produce Marketing Association consumer survey from 2010 that showed an increased interest in buying fresh fruits and vegetables and shopping at farmer's markets, while such retailers as Bartell Drugs, Meijer and Duane Reade are devoting significant shelf space to locally sourced products.

June 6, 2012

Save Mart Supermarkets announced the hiring of Brett Wing as VP of FoodMaxx operations.

June 4, 2012

Supervalu banner Cub Foods has partnered with a local produce grower to provide year-round local produce to locations throughout the Twin Cities.

April 16, 2012

Supervalu on Monday announced three new executive appointments following the departure of Sue Klug, president of its Albertsons Southern California division.

November 23, 2011

Hair care brand Not Your Mother’s has announced that it is adding more than 7,500 new retail outlets to its distribution in January.

October 17, 2011

Supervalu banner Cub Foods and Holiday Cos. have introduced a new fuel rewards program whereby Cub Foods customers can save at Holiday station stores.

May 24, 2011

Creative agency Kaplan Thaler Group has been tapped to run Supervalu’s latest ad campaign, according to a blog posted on the Kaplan Thaler Group site Monday.

February 17, 2011

Bankrupt grocer A&P, which just revealed plans to shutter 32 stores in six states, has bolstered its merchandising and marketing team with the appointment of six new executives.

February 8, 2011

In the wake of Walgreens' Big Flats 1901 entry, Supervalu recently introduced its “high quality, low price” private-label American lager, Buck Range Light.

November 3, 2010

A Supervalu subsidiary is getting into the holiday spirit with a new campaign that gives...

September 12, 2010

A Friday report by Crain’s said that grocery chain Meijer is opening a new store...

March 2, 2010

Supervalu is making its customers' four-legged friends a priority with the launch of its new...

February 28, 2010

In conjunction with Heart Health Month, Supervalu last month launched in select locations its Value...

July 9, 2009

The pending retirement of Kevin Tripp as EVP and president of Supervalu’s Retail Midwest region...