Supervalu

Grocery chain and supply distributor.

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Headquarters:
11840 Valley View Road
Eden Prairie, MN 55344
Employees: 178,000
CEO: Craig Herkert
Stock Symbol: SVU

Website: http://www.supervalu.com

Career Site

Supervalu is the nation's third-largest supermarket chain with 2,421 stores nationwide including Save-a-Lot with 862 licensed stores. Supervalu also runs stores under the names Acme, Albertsons, bigg's, Bristol Farms, Cub Foods, Farm Fresh, Hornbacher's, Jewel-Osco, Lucky, Scott's, Shaw's, Shop 'n Save, Shoppers Food & Pharmacy and Star Markets. Stores offer a full range of groceries and pharmacies.

Supervalu also uses its expertise to deliver and supply other grocery retailers. It operates 35 distribution centers serving 2,700 retail end points. Customers include independent grocers and regional and national retailers as well as many of its own stores.

The company had fiscal 2009 sales of $44.6 billion and net loss of $2.9 billion.

History

In 1870, Hugh G. Harrison provided the seed money for B.S. Bull and Company, a dry goods wholesaler serving Minneapolis, St. Paul and surrounding rural communities. Though B.S. Bull was short lived, its founders went on to create similar enterprises. In 1926, these kindred companies joined to form Winston and Newell Company, the direct parent of Supervalu.

In 2006, the company acquired the Albertsons chain for $17.4 billion in stock and debt assumption.

Benefits

* Medical insurance through managed care or indemnity plans
* Dental insurance
* Life insurance
* Short-term and/or long-term disability coverage
* Competitive 401(k) and profit sharing packages with investment options tailored to accommodate individual needs
* Employee Stock Purchase plan
* Tuition reimbursement
* Vacations and holidays
* Flexible spending accounts allow employees to pay for specific medical, dental and dependent care expenses on a pre-tax basis
* Employee assistance programs
* Service awards
* Adoption assistance
* Flexible work schedule
* Casual dress (dependent on location)
* Discounts for auto/homeowners insurance, long-term care and group legal insurance

Updated July 25, 2009