Supervalu News

Steve Kaczynski, who has served as the head of Bigg's grocery store since 2006, has announced his retirement.

Associated Food Stores Inc. has a sweet deal to entice customers inside the 34 former Albertsons that the company reopened Monday under the name "Fresh Market." Customers bringing in their Albertsons loyalty card to any Fresh Market will receive a free five-pound bag of sugar, said Dick King, Associated Foods vice president, who will be in charge ...

The economic outlook stinks. But don't go into hibernation. Find relatively safe all-weather dividend payers.

The supermarket sign says "3 for $5." What's wrong with that? Plenty, says Supervalu's new chief executive, Craig Herkert, who says it "demonstrates three points that we're working to eliminate" at America's No.

Last week Dividend Aristocrat Supervalu cut the company's dividend by 50%. SVU becomes the first consumer staples stock to reduce its dividend.

Supervalu Inc. is shutting down its lone Urban Fresh store after just over a year, said a Reuters report, marking its second thwarted attempt at trying a new concept on the same busy street in Chicago.

20, from AP Financial News: PORTLAND, Ore. - Supervalu Inc., one of the nation's largest grocers, says it will revamp its strategy to draw consumers whose shopping habits may be changed forever by the recession.

Last October, when the stock market was in freefall, lots of investors fled to the relative safety of grocery chains.

Jewel-Osco is pulling the plug on Urban Fresh, its small-format grocery store aimed at city dwellers.

Herkert's Supervalu 'Vision Plan' To Focus On Save-A-Lot As Net Dips 42 Percent, IDs Drop 4.8 Percent October 2009 Not unexpectedly, it was another challenging quarter for Supervalu, the large retailer/wholesaler that operates Acme Markets, Shoppers Food & Pharmacy, Shaw's Supermarkets and Farm Fresh in the Northeast and supplies an additional ...

Betting that consumer thriftiness won't be going away anytime soon, Supervalu Inc.

Fortunes at chain restaurants are tumbling, the fallout from a strategy of slashing menu prices in the hopes that a cheap meal will be enough to entice diners back to their booths.

SHAWa TMS SUPERMARKETS and other grocery chains owned by Supervalu are projected to see their same-store sales decline by about 4 percent this year.

Luxury handbag maker Coach Inc. said Tuesday its new lower-priced handbag lines such as its colorful Poppy bags are boosting growth in an environment where consumers will spend less on nonessentials for the long term.

Good morning. My name is [Whitney] and I will be your conference operator today.

Supervalu Inc. reported results for the second quarter of fiscal 2010. Earnings of 35 cents per share were in line with the Zacks Consensus Estimate, but were down 41.7% year-over-year. Net sales for the quarter declined 6.9% year-over-year due to a 6.9% decline in retail food net sales and a 9.5% decline in supply chain services sales.

Grocery chain Supervalu says the recession is still hurting its bottom line as food prices remained low, stores closed and strained customers continued to pare spending despite deep discounting.

Supervalu Inc. reports earnings for its fiscal second quarter on Tuesday. The following is a summary of key developments and analyst opinion related to the period.

There are downgrades in Aisle 9 today. Several supermarket stocks were downgraded or had earnings estimates cut today, ahead of many of their earnings announcements this week and next.

Beaten-down shares of the largest U.S. supermarket chains extended their recent rally Thursday, gains built on hopes that deflation for meats, produce, and dairy goods will ease and some inflation will return.