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Supervalu Inc.

SuperValu, Inc.
Public
Traded as SVU
S&P 600 Component
Industry Retailing
Founded Minneapolis, Minnesota
(1926; 91 years ago (1926))
Headquarters Eden Prairie, Minnesota, U.S.
Area served
United States
Key people
Mark Gross, CEO
Products Supermarkets, grocery store, pharmacies, food
Revenue IncreaseUSD $19.65 billion (FY 2015)
IncreaseUSD $895 million (FY 2015)
IncreaseUSD $202 million (FY 2015)
Total assets IncreaseUSD $4.606 billion (FY 2015)
Total equity IncreaseUSD 1.444 Billion (FY 2015)
Number of employees
43,532 (2015)
Subsidiaries SuperValu Pharmacies Hornbacher's
Website

supervalu.com
supervaluUniversity.com
supervalurealty.com

designservicesgroup.com

supervalu.com
supervaluUniversity.com
supervalurealty.com

SuperValu, Inc. is an American retailing company. The corporation, headquartered in the Minneapolis suburb of Eden Prairie, Minnesota, has been in business for nearly a century. It is the fifth-largest food retailing company in the United States (after Kroger and Albertsons), and ranks in the top 100 on the 2015 Fortune 500 list. Supermarket News ranked SuperValu #1 in the 2008 "Top Wholesalers for 2008".

On June 2, 2006, Boise, Idaho-based Albertsons, Inc. and 1,124 of its stores were sold to SuperValu. The sale was approved by the shareholders of both SuperValu and Albertsons on May 30, 2006. In January 2013, the company announced it was selling the Acme Markets, Shaw's, and Jewel-Osco chains and their remaining Albertsons stores to Cerberus Capital Management for $100 million in cash with Cerberus assuming $3.2 billion in existing debt. SuperValu would keep its Cub, Farm Fresh, Shoppers Food & Pharmacy, Shop ‘n Save and Hornbacher’s brands as well as its wholesale supply operation while the Acme, Shaw's, Star Market, and Jewel-Osco stores were reunited with Albertsons. The deal closed March 21, 2013.

In 1870, Hugh G. Harrison provided the money for B.S. Bull and Company, a dry goods wholesaler serving Minneapolis. Though B.S. Bull and Company was short lived, its founders went on to create a similar company. In 1926, Supervalu's direct ancestor, Winston and Newell Company, was founded from the merger of Winston, Harper and Fisher and the Newell Company, two companies founded by B. S. Bull's backers.


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