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7075 Flying Cloud Dr. Eden Prairie, MN 55344 MN Tel. 952-947-3700 |
Type: Public
On the web:
http://www.supervalu.com
Employees:
142,000
Employee growth: (11.3%)
SUPERVALU is feeling pretty super following the acquisition of more than 1,100 supermarkets from fallen grocery giant Albertsons. Its purchase of the Albertsons' stores catapulted the chain to second place in the traditional grocery retail market (behind Kroger) with about 4,290 stores in some 40 US states. (It has since relinquished the #2 spot to Safeway.) The deal added half a dozen new banners, including Albertsons, Acme Markets, and Shaw's, to SUPERVALU's roster of stores (which includes Jewel-Osco, Cub Foods, Save-A-Lot, and Shop 'n Save). The company is also one of the nation's largest food wholesalers, supplying some 2,000 grocery stores nationwide with brand-name and private-label goods.
Key numbers for fiscal year ending February, 2011:
Sales: $37,534.0M
One year growth: (7.5%)
Net income: ($1,510.0)M
Officers:
Chairman: Wayne C. Sales
President, CEO, and Director: Craig R. Herkert
EVP and CFO: Sherry M. Smith
Competitors:
Kroger
Safeway
Wal-Mart
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