Supervalu 2Q profit falls 14 percent Oct 14, 2008
MINNEAPOLIS Supervalu Inc. says its profit fell nearly 14 percent in its second quarter because of higher costs and promotional spending ... Supervalu says its sales rose less than 1 percent to $10 ... For fiscal 2009, Supervalu cut its profit outlook to between $2. (Brainerd Daily Dispatch)
Weekly Outlook: October 13, 2008 Oct 13, 2008
Earnings J Pepsi ( ), Supervalu ( ), WW Grainger ( ), Altera ( ), CSX ( ), Genentech ( ), Intel ( ), USANA ( ). Wednesday: Economic Weekly Crude. (Forbes -- Markets)
A Week to Forget Oct 11, 2008
TuesdayAltera, CSX, Domino's, Genentech, Intel, Johnson & Johnson, Pepsico, Supervalu, W.W. Grainger. WednesdayAbbott, AMR Corp., Astoria Financial, Delta, eBay, JP Morgan Chase, Kinder Morgan Energy Partners, Coca Cola, WD-40, Wells Fargo. (SmartMoney)
Supermarkets going green to cut utility bills Oct 10, 2008
It helps the cases maintain a very regular temperature and we see a very substantial energy savings, said Holly Angell, director of engineering for Shaw s parent Supervalu Inc.. The entire store is illuminated with LED lights, which reduce energy consumption by up to 65 percent. (Easton Journal, MA)
Shopping for Affordable Organic Foods Has Never Been Easier Oct 3, 2008
For example, the Wild Harvest brand of organic and natural foods, available nationally at SUPERVALU stores including Acme, Albertsons, Jewel-Osco, Cub Foods, Shaw's and others, offers 250 organic and natural products, all priced at approximately 15 percent lower than national-brand organic and natural foods ... com for more information on where you can find SUPERVALU's Wild Harvest organic and natural foods and for printable recipes and coupons. (Pekin Times, IL)
Nash Finch touts services to grocers Sep 15, 2008
Nash Finch steps up its business services to rival Supervalu - Minneapolis / St. Paul Business Journal ... Nash Finch steps up its business services to rival Supervalu ... Though he didn t identify it specifically, that s a likely reference to Eden Prairie-based Supervalu, which gets most of its revenue from its retail chains like , but also supplies 2,200 third-party retail stores through its wholesale unit. (Twin Cities Business Journal, MN)
Time-savers choosing grocery-prepped foods Sep 13, 2008
Stop & Shop, Giant-Landover, Supervalu add hundreds of prepared food items ... Last week, Supervalu Inc. introduced a line of more than 150 items that aim to rival restaurant-quality food such as pork carnitas enchilada casserole and pineapple upside-down cake. (CNN -- US)
$16 Million Verdict Tossed Sep 13, 2008
(AP) - The Virginia Supreme Court tossed out a $16 million verdict awarded to an inner-city grocer, ruling Friday that there was no evidence that grocery giant Supervalu Inc. tried to harm him personally ... Johnson closed his four Community Pride supermarkets a month before suing Supervalu in 2004 ... He claimed Supervalu, one of the nation's largest food store operators and suppliers, reneged on a verbal promise to help him buy an 18-store chain based in Virginia Beach that had just emerged... (WTVR.com, VA)
Nash Finch steps up its business services to rival Supervalu Sep 12, 2008
Though he didn t identify it specifically, that s a likely reference to Eden Prairie-based Supervalu, which gets most of its revenue from its retail chains like , but also supplies 2,200 third-party retail stores through its wholesale unit. This article is for Paid Print Subscribers ONLY.. (Twin Cities Business Journal, MN)
Supervalu picks Fame for branding campaign Sep 12, 2008
Representatives of Fame and Supervalu declined to comment on dollar figures ... Fame, which has about 50 employees in Minneapolis, will be rolling a new creative campaign for Eden Prairie-based Supervalu into some of the grocer s store banners across the country, including Albertsons, Jewel, Bigg s and Cub Foods, Robertson said ... Supervalu recently conducted a review of its brand positioning in all of its markets, said company spokeswoman Haley Meyer. (Twin Cities Business Journal, MN)
Three execs with St. Louis ties make list of highest-paid women Sep 12, 2008
Minneapolis-based Supervalu (NYSE: SVU) is the parent company of the St. Louis-based and Shop 'n Save grocery chains. Angela Braly, 47, president and chief executive of , landed in the 74th spot with $4. (St. Louis Business Journal, MO)
Eco-friendly energy to power revamped Star Market Sep 10, 2008
"What it allows us to do is save energy and save money, and it allows us to show our commitment to environmental stewardship," said Holly Angell, director of engineering for Supervalu. According to the company's website, the annual electric bills for the more than 200 Shaw's and Star Markets stores total almost $35 million. (Boston Globe)
Chestnut Hill Star Market to reopen next summer Sep 10, 2008
That s like getting 539 cars off the road every year, explained Holly Angell, director of engineering for SuperValu (parent company of Star Market and Shaw s). This was a great opportunity for us to show the consumer how environmentally conscious we are. (Newton Tab, MA)
Lunchroom Econ Sep 7, 2008
Bill Shaner, chief executive of the chain, a division of Supervalu Inc., said the company got meal ideas from its own workers. They re worried about costs just like everyone else. (Helena Independent Record, MT)
Ahold's Second-Quarter Profit Drops as Foodservice Sale Gain Not Repeated Aug 28, 2008
Other U.S. supermarket operators including Supervalu and have lowered targets this year as higher living costs cause consumers to rein in spending. August consumer confidence in the country stayed near the lowest level since 1980, according to University of Michigan data released Aug. 15. (Bloomberg -- Europe)
Pinching pennies like your grandparents Aug 26, 2008
Supervalu Inc., whose brands include Albertsons, Cub Foods and Save-A-Lot, is seeing more customers redeeming coupons, taking advantage of sales and buying store brands as they grapple with rising food prices. Spokeswoman Haley Meyer said the retailer also has noticed more shoppers swapping out pricier items for cheaper alternatives, such as ground beef instead of steak. (MSNBC -- Terrorism)
Police & Fire, August 22, 2008 Aug 23, 2008
Police reported a snowmobile stolen from the 700 block of Court St. The sled s owner kept the snowmobile in the backyard at a friend s house between the Ye Olde Thrift Shoppe and SuperValu while he moved to Minnesota three weeks ago. He returned to find the sled, a green 1998 Polaris Indy Lite with purple splashes, a broken rope cord and a removed recoil housing, gone. (Sault Ste Marie Evening News, MI)
Salmonella outbreak linked to Bovril and sandwich spread Aug 16, 2008
The fillings were sold under ownbrand labels at Dunnes Stores and Supervalu in Ireland. They were also sold under the brand name of O'Brien's through Tesco outlets in Ireland. (Daily Mail)
Whole Foods fights as consumers recoil Aug 15, 2008
" Whole Foods' makeover comes amid a tumultuous time in the grocery industry. A July survey by TNS Retail Forward, of Columbus, Ohio, found that 20 percent of American shoppers have changed where they buy groceries and household essentials because of the economy. The biggest beneficiaries have been dollar stores and discount grocers like Aldi, owned by a German company, which offers a limited selection at extreme discounts. The losers have been convenience stores, pharmacies, health and natural... (International Herald Tribune -- Business)
Jenny Lee Bakery turning off ovens Aug 15, 2008
Grocery distributor SuperValu has been a customer, buying goods such as cinnamon raisin bread for sale in some Shop 'n Save locations. Kings Family Restaurants, based in White Oak, used the bakery's bread in French toast. (Pittsburgh Post-Gazette, PA)
Rare Salmonella outbreak spreads to Wales Aug 15, 2008
These are 170g tubs of Dunnes, Supervalu and O Brien s chicken and bacon sandwich filler. All these products, which contain bacon cooked by Dawn Farm Foods County Kildare plant, have use-by dates of August 13 to 18. (WalesOnline)
2 grocers want to open in Hill District Aug 10, 2008
With 1,190 stores in rural and urban centers in 40 states across the country, G.F. Meyer, vice president of market development for Save-A-Lot said the chain, which is a wholly-owned subsidiary of grocery distributor SuperValu, has long established its business model to fit in communities like the Hill District. "We are not a full-service grocery store, but we are a full-product grocery store and we offer very competitive prices, especially in underserved communities," said Mr. Meyer. (Pittsburgh Post-Gazette, PA)
Costco decides to post FDA mercury advice about seafood Aug 9, 2008
Kroger, Safeway and Supervalu are participating, and Wal-Mart is the only holdout nationally, Oceana said. In a new report entitled Super Markets, Oceana plans to release a national and state ranking of grocery chain efforts relating to warnings about mercury. (Puget Sound Business Journal, WA)
HANDLE WITH CARE Aug 8, 2008
These drop-off locations include Raccoon Valley Bank, Wells Fargo Bank, People's Bank, the library and Shugar's SuperValu in Adel and E-Bank in DeSoto. Those who wish to purchase new flags may do so during the Sweet Corn Festival at the Troop 152 kettle corn stand located on the north side of the courthouse square, directly across the street from Adel Chrysler. (Dallas County News, IA)
> Stat Man: A look at retired icons Aug 5, 2008
Like Supervalu buying up Albertson s, said a staffer ... If you recall, Supervalu was the No. 1-performing company in our year-ago study. (Twin Cities Business Journal, MN)
Warren McCain dead at 82 Aug 5, 2008
The supermarket chain is now owned by SuperValu. The late Joe Albertson once said of McCain: I built some grocery store, and I got rich, Albertson said. (Ontario Argus Observer, OR)
Whole Foods Looks for a Fresh Image in Lean Times Aug 2, 2008
In the last month alone, grocery chains like Safeway, Supervalu and Delhaize Group, whose stores include Hannaford Brothers and Food Lion, have lowered their earnings outlooks because of higher energy costs and consumer penny-pinching. On Thursday, Winn-Dixie executives said increased budget offerings in the most recent quarter had bolstered sales but hurt the company s earnings. (Atlanta Journal-Constitution -- Business)
Shoppers Buying More Store Brands Aug 1, 2008
The nation's biggest grocery-sellers, Wal-Mart, Kroger, Supervalu Inc. and Safeway Inc., all report that sales of their own brands are jumping, as customers can't stop regularly buying food and household items but need to reduce spending. "There are things we can do to drive less, but how do you eat less? You don't," said Erin Frehner, a Brigham Young University senior. (ABC News -- Wire)
Grabbing store brands Aug 1, 2008
The nation's biggest grocery-sellers, Wal-Mart, Kroger, Supervalu Inc. and Safeway Inc., all report that sales of their own brands are jumping, as customers can't stop regularly buying food and household items but need to reduce spending ... Supervalu's chief executive, Jeff Noddle, said this month that the Wild Harvest natural/organic line that hit shelves in April has been "our most successful product launch ever.". (CNN -- US)
Save-A-Lot COO Goodman resigns Jul 30, 2008
Minneapolis-based Supervalu (NYSE: SVU) is the parent company of the St. Louis-based Save-A-Lot and Shop 'n Save grocery chains. kvolkmann@bizjournals. (St. Louis Business Journal, MO)
Ailing economy makes some organic farmers nervous Jul 27, 2008
Festival Foods stores are looking to sustain the growth in organic sales through a new private label brand from its supplier, Supervalu ... Supervalu plans to eventually expand its generic offerings to 250 to 300 products. (La Crosse Tribune, WI)
A new shopping center for Waukesha Jul 25, 2008
acquired the property from Supervalu Inc. for $11. 3 million after the property had been rezoned. (Milwaukee Business Journal, WI)
Supervalu profit up, shares fall on outlook Jul 23, 2008
LOS ANGELES (Reuters) - Supermarket chain Supervalu Inc (SVU.N: , , ) on Tuesday posted higher quarterly earnings on fewer charges, but weak sales prompted it to cut its full-year profit forecast and shares fell 6 percent ... "This environment certainly is more volatile than we've had over a number of years," Supervalu Chief Executive Jeff Noddle said in a conference call ... Supervalu, whose chains include Albertsons, Jewel-Osco, Shaw's and Save-A-Lot, said profit was $162 million, or 76 cents... (Reuters)
Supervalu 1Q Profit up 9 Percent, Cuts 2009 View Jul 23, 2008
Supervalu says fiscal 1st-quarter earnings rise 9 percent, cuts 2009 profit guidance ... Grocer Supervalu Inc. cut its 2009 profit guidance on Tuesday, citing a slowdown in consumer spending and soaring energy costs, even as it said profit rose 9 percent in its fiscal first quarter ... Chief Executive Jeff Noddle said Supervalu is taking a cautious approach for the rest of the year because of rising food and energy costs. (ABC News -- Wire)
Manthan Unveils the all New ARC 5.8 - the Cutting Edge of Retail Analytics & Decision Making Jul 21, 2008
Manthan understands retail business practices, decision making needs, and their technology underpinnings; having worked with a wide range of retailers and consumer goods companies including Woolworths Germany Haggen Supermarkets Gianfranco Ferre, Supervalu, The Game Stores Group Loblaws, Castorama Ecco Sko. McDonalds and Haggar Clothing Co. For more information about Manthan Systems please visit. (PR Newswire)
Shop 'n Save settles disability discrimination lawsuit Jul 19, 2008
Shop 'n Save, a subsidiary of SUPERVALU Inc. (NYSE: SVU), has been serving the St. Louis, Springfield and Jerseyville, Ill. area since 1979. (St. Louis Business Journal, MO)
Banks help snap 6-week losing run Jul 19, 2008
Welcome to The Sydney Morning Herald. Skip directly to: Search Box, , , Text Version. (Sydney Morning Herald -- Business)
Business Journal spotlights 51 local businesswomen Jul 15, 2008
Janel Haugarth, executive vice president; president and chief operating officer, , Supervalu Inc.. Lisa Hauser, partner, Virchow Krause & Co.. (Twin Cities Business Journal, MN)
Wal-Mart, Home Depot take top spots among nation's retailers Jul 4, 2008
Inc. and SuperValu Inc.. Safeway Inc. slipped from 10th to 11th this year. (Phoenix Business Journal, AZ)
Home Depot stays nation's second-largest retailer Jul 2, 2008
Published on: 07/01/08. Atlanta-based Home Depot is the still the No. 2 retailer after all. (Atlanta Journal-Constitution -- Business)
GEORGIA BLUE CHIPS Jul 1, 2008
The rest of the top 10 retailers: CVS Caremark, Costco, Target, Walgreen, Sears, Lowe's and Supervalu. - Rachel Tobin Ramos. (Atlanta Journal-Constitution -- Business)
This Weekend In Portland: A Little Lemonade Goes a Long Way When Served From the Heart Jun 27, 2008
The company is part of the SUPERVALU family of companies, one of the largest companies in the United States grocery channel with annual sales approaching $40 billion. SUPERVALU holds leading market share positions across the U.S. with its approximately 2,500 retail grocery locations ... Through SUPERVALU's nationwide supply chain network, the company provides distribution and related logistics support services to more than 5,000 grocery endpoints across the country. (PR Newswire)
General Mills raises cereal prices as profit falls Jun 26, 2008
Retailers including Target and grocer Supervalu have been pushing their private-label brands something that worries some industry watchers a little more at a time when shoppers are pinching pennies. Powell said General Mills retail brands in the U.S. are growing faster than private-label brands. (USA Today -- Money)
Hong Kong's Food-Labeling Rules May Cut Consumer Choice, Associations Say Jun 24, 2008
Supervalu, Hong Kong's largest supplier of pre-packaged U.S. food products and part of Irish food distributor of Musgrave Group Ltd., said it would be economically unfeasible to create a specific label for Hong Kong and expects to lose about 2,000 items, mostly natural and organic food. Supervalu President Charles K. Witzleben said the company will ``seriously ratchet back'' the 500-600 new items it introduces to Hong Kong each year. (Bloomberg -- Asia)
Supervalu taps Fresh Direct CEO for marketing job Jun 22, 2008
Supervalu Inc. hired the CEO of online grocer Fresh Direct to become its new chief marketing officer ... Supervalu spokeswoman Haley Meyer said he will start at Supervalu within a few weeks ... He will report to Duncan Mac Naughton, Supervalu's executive vice president of merchandising and marketing. (Twin Cities Business Journal, MN)
SuperTarget's taken bite out of Rainbow Jun 13, 2008
Eden Prairie-based Supervalu Inc. is by far the Twin Cities' grocery leader ... Haley Meyer, a spokeswoman for Supervalu, doesn't accept Livingston's figures for Cub, citing research firm ACNielsen's estimates that Cub Foods' Twin Cities market share in 2007 was 52. (Twin Cities Business Journal, MN)
Business • Wrightsboro Road Save-A-Lot to close Jun 11, 2008
Save-A-Lot Ltd., a subsidiary of SuperValu Inc., has 1,200 stores in the United States. Reach LaTina Emerson at (706) 823-3227 or. (The Augusta Chronicle)
Grocer cuts 80 Boise jobs Jun 11, 2008
Supervalu chains include Cub Foods, Save-A-Lot, Jewel-Osco, and Shop 'n Save. The company also bought most of the Albertsons stores in 2006. (Pocatello Idaho State Journal, ID)
Tomato Warning: Recall leads to swift action by local food purveyors Jun 10, 2008
Grocer chains, including SuperValu, which operates locally as Jewel-Osco, and Wal-Mart, Target and others, have announced that they have removed all the affected varieties of tomatoes ... Lencioni said his store receives notices from its supplier, SuperValu, from the FDA, from the Kane County Health Department and from each of its distributors. (DeKalb Daily Chronicle, IL)
Grocery store liquor sales mulled in N.J. Jun 9, 2008
The measure is backed by a coalition that includes QuickChek, Stop & Shop, SuperValu, Wegmans, Pathmark, Whole Foods Market and Albertsons, which owns Acme. Otto Leuschel, chairman of the Retailers for Responsible Liquor Licensing coalition, said consumers would be assured more convenience and choice with one-stop shopping. (NJ.com -- News)
A Healthy Bite Out of Organic Foods Jun 4, 2008
Kroger (NYSE: KR) and SUPERVALU (NYSE: SVU) also have touted their organic food offerings. These retailers are also introducing organic foods to customers who might have never been exposed to these types of foods before, potentially adding to the market. (MSNBC -- Business)
An overnight open May 23, 2008
Albertsons owner SUPERVALU announced in March that it was selling the Havre store to Gary 8217;s. . (Havre Daily News, MT)
Supervalu CEO makes $9.3M in 2008 May 18, 2008
Supervalu CEO makes $9 ... Supervalu CEO makes $9 ... Supervalu Inc. CEO Jeff Noddle took in $9. (Twin Cities Business Journal, MN)
Supervalu paid CEO Noddle $5.3 million May 18, 2008
Supervalu paid CEO Noddle $5 ... Supervalu paid CEO Noddle $5 ... (Getty Images) MINNEAPOLIS (AP) - A regulatory filing shows that Supervalu Chairman and CEO Jeffrey Noddle's pay fell to about 5. (FOX23 News, NY)
Youth Basketball League completes season May 15, 2008
Thanks to SuperValu for donating the drinks for refreshments on Awards Night and to Sonic for donating the coupons to help us reward the fifth- and sixth-grade players for good attitudes and good sportsmanship. Each week a player from each fifth- and sixth-grade team was selected to receive this honor. (Webster Progress-Times, MS)
Recalled grand jury will consider new cases May 15, 2008
64 to SuperValu and 137. 78 to Murphy's, plus all court costs, fees and assessments. (Webster Progress-Times, MS)
Attention, Shoppers: Supervalu Is a Bargain May 15, 2008
Supervalu (), the third-largest U.S. supermarket chain with $44 billion in sales, nearly 2,500 stores and a stable of brands that includes Shaw's, Jewel-Osco and Albertson's has lost about a third of its value since July 2007 ... Supervalu, based in Eden Prairie, Minn ... recently boosted his position in Supervalu, citing the stock's defensive nature and out-of-favor status and the company's sound fundamentals. (SmartMoney)
ALBERTSONS Helps Children and Elite Athletes STEP BEYOND Gold(TM) in the Spirit of the Games May 8, 2008
May 7 /PRNewswire/ -- Albertsons, a SUPERVALU (NYSE: SVU) company, announced today that they will be providing up to one million dollars to support the athletic dreams of our country's current and future athletes this summer ... The company is part of the SUPERVALU family of companies, one of the largest companies in the United States grocery channel with estimated annual sales of approximately $44 billion ... SUPERVALU holds leading market share positions across the U.S. with its approximately... (PR Newswire)
Top 50 IP People Under 45 May 8, 2008
Johnston represented Supervalu Inc. as the largest and most aggressive player in forcing Wal-Mart Stores Inc. last year to give up its attempt to register the slogan, "Every Day Low Prices," a ubiquitous tout in the grocery business. Last year he also helped Kohler Co. turn back Baldwin Hardware after the Black & Decker unit used Kohler's popular Devonshire mark. (Law.com)
Kroger widens tax refund bonus program May 6, 2008
Haley Meyer, a spokeswoman for Minneapolis-based Supervalu Inc., said that while its program, announced April 28, asks for proof of a stimulus payment, it will be flexible in giving grocery customers a 10 percent bonus on gift cards ... Kroger and Supervalu said early customer response has been strong, although no numbers were available. (AZCentral -- Business)
Wall Street watches for where rebates go May 6, 2008
Other retailers, including grocery chain Supervalu, Sears, office supply giant Staples and grocer Kroger are also offering discounts and promotions to lure shoppers. Wedbush Morgan Securities has pinpointed a handful of stocks it thinks will benefit from rebate spending. (USA Today -- Money)
Retailers lure shoppers with tax-rebate deals May 4, 2008
Supervalu, parent company of Albertsons, Jewel-Osco, Shop 'n Save and other grocery chains, says shoppers will be able to exchange tax-rebate checks for store gift cards, with an extra $30 added for every $300 in rebate checks. The offer will be valid through July 31. (USA Today -- Money)
Stimulus checks stimulate retailers May 4, 2008
Cub s parent company, SuperValu, announced the program, which enables shoppers to exchange their economic stimulus or tax refund checks for a store gift card loaded with extra money. The store s offer began Friday and runs through July 31, 2008, at all SuperValu-owned stores, including Acme, Albertsons, Bigg s, Cub Foods, Farm Fresh, Hornbacher s, Jewel-Osco, Lucky, Shaw s/Star Market, Shop n Save and Shoppers Food & Pharmacy. (Freeport Journal-Standard, IL)
Retailers offer specials to entice shoppers to spend rebates May 3, 2008
Grocers including Supervalu Inc. and Kroger Co. are offering a 10 percent bonus when shoppers use their rebates to buy gift cards. For example, if a customer turns a $600 economic stimulus check into a gift card, the cards would be worth $660. (San Diego Union-Tribune)
Retailers bait shoppers with rebate specials May 3, 2008
Grocers including Supervalu Inc. and Kroger Co. are offering a 10% bonus when shoppers use their rebates to buy gift cards. For example, if a customer turns a $600 economic stimulus check into a gift card, the cards would be worth $660. (USA Today -- Money)
