SUPERVALU INC. (SUPERVALU) is a grocery channel that conducts its retail operations under the banners, such as Acme Markets, Albertsons, Bristol Farms, bigg’s, Cub Foods, Farm Fresh, Hornbacher’s, Jewel-Osco, Lucky, Save-A-Lot, Shaw’s Supermarkets, Shop ’n Save, Shoppers Food & Pharmacy and Star Markets. Additionally, the Company provides supply chain services, primarily wholesale distribution, across the United States retail grocery channel. The Company operates in two segments: Retail food and Supply chain services. During the fiscal year ended February 28, 2009 (fiscal 2009), the Company added 44 new stores through new store development and closed 97 stores. The Company leverages its distribution operations by providing wholesale distribution and logistics and service solutions to its independent retail customers through its Supply chain services segment.
Quick Financial Synopsis
BRIEF: For the twenty eight weeks ended 12 September 2009, SUPERVALUINC.'s revenues decreased 6% to $22.17B. Net income decreased 36% to $187M. Revenues reflect a decrease in income from Retail food and lower revenues from Supply chain services segment. Lower income reflects a decrease in gross profit margin and lower operating earnings. SUPERVALU INC. is engaged in retail operations throughout the United States under three retail food store formats.
Company Address
SUPERVALU INC.
11840 Valley View Road Eden Prairie MN 55344
P: +1952.8284000 F: +1952.8288955