Minnesota-based Super Valu is considering putting itself up for sale.
Supervalu Inc. said Tuesday that it swung to a loss in the fourth quarter as a result of impairment charges and costs related to store closures and layoffs. But excluding those items, the company’s results beat Wall Street’s expectations, sending its shares up 15 percent.
At least three national supermarket operators have decided to stop buying ground beef that contains the filler now known as “pink slime.”
Supervalu Inc. announced plans Tuesday to cut an estimated 800 jobs nationally, including about 200 jobs in the Twin Cities.
Grocery store operator Supervalu Inc. said Wednesday that its fiscal third-quarter net loss widened due to costs related to a turnaround plan, continued high food prices and a cautious consumer.
SuperValu Inc. returned to a profit in its fiscal second quarter, absent hefty goodwill and impairment charges incurred a year earlier.
Supervalu, First Lady Michelle Obama and the Partnership for a Healthier America are teaming up to increase access to healthy foods nationwide.
Supervalu Inc.’s CEO Craig Herkert earned compensation of nearly $3 million in the grocer’s most recent fiscal year. That’s down from the $10.8 million in the prior year.
Twenty Minnesota companies made it into the newest edition of Fortune 500, illustrating the state’s corporate strength.
Grocer Supervalu Inc.’s fiscal fourth-quarter net income dipped 2 percent, partly weighed down by softer sales and store closings.
You might not think about who cleans your grocery store. In south Minneapolis Saturday, people protested what they call an “invisible industry” that’s the target of unfair working conditions.