SUPERVALU INC
(NYSE: SVU)
-0.03
-0.46%
| Exchange: | NYSE |
| Stock: | SUPERVALU INC. |
| Industry: | Grocery Stores |
| Employees: | 125,000 |
| SUPERVALU INC. (SUPERVALU) is a United States grocery channel. It operates in two segments: Retail food and Independent business. The Company leverages its distribution operations by providing wholesale distribution and logistics and service solutions to its independent retail customers through its Independent business segment. The Retail food segment derives revenues from the sale of groceries at retail locations operated by the Company, and the Independent business segment derives revenues from wholesale distribution to independently-owned retail food stores and other customers. During the fiscal year ended February 25, 2012, the Company added 83 new stores through new store development and closed or sold 43 stores, including planned disposals. In February 2012, the Company’s wholly owned subsidiary, Save-A-Lot, opened stores in 2327 Seminary St., Auburn and 3 Geddes St., Holley. |
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