March 20, 2013

Supervalu’s sale of Albertsons stores to Cerberus Capital Management will reportedly close Thursday at midnight, according to a published report by StateImpact Idaho.

March 5, 2013

OutcomesMTM, a medication therapy management delivery system, on Tuesday recognized its top chain and independent pharmacies for 2012.

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).

March 1, 2013

Upon the closing of Supervalu's sale of five pharmacy banners to Albertsons LLC, long-time Supervalu vet Dan Salemi will assume the role of president of pharmacy at the new Albertsons LLC. Salemi will succeed Supervalu president pharmacy operations Chris Dimos, who will stay on board until the deal is done.

Albertsons LLC gets a very talented pharmacy executive to run its pharmacy business, no doubt, in Dan Salemi. And with more than three decades working across Supervalu's banners, he's well-versed in the nuances of the Supervalu pharmacy business in each market.

February 26, 2013

Upon the closing of Supervalu's sale of five pharmacy banners to Albertsons LLC, Dan Salemi will assume the role of president of pharmacy at the new Albertsons LLC, DSN has learned.

February 26, 2013

Several pharmacy retailers got top place in a recent consumer satisfaction survey.

February 25, 2013

When Albertson's LLC announced last month that its parent company, AB Acquisition, an affiliate of Cerberus Capital Management, signed an agreement to acquire 877 stores from Supervalu in a deal valued at some $3.3 billion — a move that will reunite all Albertsons stores under one operator — it recast the rankings of the industry's leading pharmacy retailers.

February 25, 2013

Bob Miller has a knack for turnarounds. In 1999, he took over Rite Aid as chairman and CEO, helping to stabilize the drug store chain at a time when Rite Aid was on the brink of bankruptcy, and many analysts were projecting Rite Aid would fold.

February 25, 2013

When Supervalu announced this past summer a review of strategic alternatives, its goals were to improve its business, better position the company for the future and create the best opportunity to deliver shareholder value. This effort has led to the sale of 877 stores to AB Acquistion.

February 21, 2013

Albertsons named the division presidents who will lead the 877 stores it will acquire from Supervalu after the purchase agreement closes next month, the company said. The two companies agreed to the purchase in January.

February 14, 2013

Evander Holyfield, the only five-time world heavyweight champion, will greet Supervalu's Jewel-Osco customers and boxing fans during appearances at two of the retailer’s Chicago stores.

February 4, 2013

Supervalu on Monday named Sam Duncan president and CEO.

January 24, 2013

Supervalu's Jewel-Osco on Wednesday announced that they will celebrate Black History Month with the company's 14th annual "A Taste of Black History" program, which honors the contributions and achievements of the retailer's African-American vendor partners.

January 14, 2013

The worst of the flu season may be over, at least for those on the East Coast. In a late morning press conference with reporters on Friday, Thomas Frieden, director of the Centers for Disease Control and Prevention, said, "We are seeing a decrease in some regions."

Just don't tell that to anyone living in New York or Boston or Chicago, at least not before slipping on a facemask first.

January 14, 2013

Jewel-Osco is shipping "thousands" of extra doses of flu vaccine amid a flu season that the Centers for Disease Control and Prevention has labeled an epidemic, the retail chain said.

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 10, 2013

The sale of 877 stores to Cerberus Capital Management will help Supervalu re-energize its remaining three businesses, current Supervalu president and CEO Wayne Sales told analysts Thursday morning.

January 10, 2013

In a move that will reunite all Albertsons stores under one operator, Supervalu on Thursday morning announced a definitive agreement under which it will sell 877 stores across the Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market banners and related Osco and Sav-on in-store pharmacies to AB Acquisition, an affiliate of Cerberus Capital Management, in a transaction valued at $3.3 billion.

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.

January 4, 2013

Several retailers got top scores from a gay-rights organization for their efforts to prevent discrimination against and include lesbian, gay, bisexual and transgender employees.

December 27, 2012

Supervalu last week settled its suit enforcing a non-compete clause against former president Leon Bergmann, the Minneapolis/St. Paul Business Journal reported last week.

December 12, 2012

The head of a regional supermarket chain based in the Pacific Northwest is stepping down, according to published reports.

December 11, 2012

Fans of "Zombieland" take heart — should the world come to an end, the last Twinkie will be available at a Chicago-area Jewel Osco.

December 7, 2012

More than five-dozen Albertsons stores in the West will start selling gluten-free frozen pizzas this month.