Costco's expansion into food; AmazonFresh could drive more consolidation.Target (City), Wal-Mart small formats, Supervalu Save-a-Lot concepts, Aldi, and the dollar stores all continue to rapidly expand grocery square footage, which
Supervalu ( SVU +7.2% ) discloses its CEO, CFO, and several other execs will receive major severance benefits in the event they lose their
By Cowboy Investing : SUPERVALU 's ( SVU ) new CEO has drastically overhauled ..... are making progress in stabilizing SVU 's sales results. We were surprised that Goldman Sachs recently downgraded SVU since the company is making progress
read on food/restaurant spending from key companies is also in the mix. Advancers: Safeway ( SWY ) +2.9% , SuperValu ( SVU ) +1.5% , Whole Foods Market ( WFM ) +1.3% , Roundy's ( RNDY ) +2.5% , Jack In the Box ( JACK ) +5
Supervalu ( SVU -5.2% ) slips after Goldman Sachs downgrades the company to a Sell rating from a Neutral ..... the reduced availability of food stamps and new competition as two troubling headwinds facing Supervalu . 1 comment!
(Reuters) - Supervalu Inc reported a better-than-expected adjusted quarterly profit after the significantly downsized supermarket operator slashed costs and shed workers, sending its heavily-shorted...
* Shares spike 18 percent at midday (Updates share move, adds Safeway results)
would mark the second major M&A in the grocery sector during 2013, following the sale announced in January when Supervalu ( SVU ) sold a number of its grocery store chains to a consortium of private equity buyers. With private equity, along
for the most part, continued to struggle. We are optimistic that a less price-aggressive Shaw's (now owned by SuperValu SVU ) in the Northeast will be beneficial to Stop & Shop in the latter half of the year. Dutch-based grocery chain Albert
but its recent participation in the acquisition of Supervalu shows its willingness to invest outside of pure property ..... term focus will be on improving the performance of Supervalu 's grocery operations; longer term there may be an