Supervalu Inc.

(credit: CBS)

SuperValu May Spin Off Save-A-Lot Into Separate Company

SuperValu says it is considering spinning off its discount grocer Save-A-Lot into a separate publicly traded company as competition in the industry intensifies.


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Supervalu 1Q Earnings Rise, Top Estimates

Supervalu Inc. says its first-quarter net income rose 10 percent as demand for groceries improved and the company cut costs.


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Supervalu Hires Wal-Mart Exec To Run Save-A-Lot

Supervalu Inc. has named a former Wal-Mart Stores Inc. executive as the head of its Save-A-Lot grocery chain.


Jewel-Osco Parent Settles Discrimination Lawsuit

Supervalu Inc., the Minnesota-based parent of the Chicago-based Jewel-Osco supermarkets and drugstores, has agreed to pay $3.2 million to settle a federal discrimination lawsuit filed on behalf of disabled employees.