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October 18, 2012

Supervalu announces slowdown of price position overhaul as buyout speculation populates newswires

While Supervalu has completed its overhaul of its value proposition across its Jewel-Osco banner, the grocer will be analyzing the impact before replicating the price repositioning across its entire chain.

MINNEAPOLIS — While Supervalu has completed its overhaul of its value proposition across its Jewel-Osco banner, the grocer will be analyzing the impact before replicating the price repositioning across its entire chain, the Minnesota-based supermarket chain announced Thursday morning. "We continue to have a market-leading price position amongst conventional food retailers in three markets," Wayne Sales, Supervalu president, CEO and chairman told analysts during the second-quarter conference call.

October 9, 2012

Store clusters, brands help front-store business

CVS Caremark’s front-store business continues to experience solid performance despite a weak economy — success that can be credited to such factors as a skilled merchandising team, a focus on store brands and a clustering initiative that tailors stores’ merchandise mix based on how the stores are shopped in certain locations. 

October 8, 2012

Safeway HR head earns industry recognition

Safeway on Monday announced that Russ Jackson, Safeway SVP human resources, has been named by Human Resource Executive magazine to the influential 2012 HR Honor Roll.

PLEASANTON, Calif. — Safeway on Monday announced that Russ Jackson, Safeway SVP human resources, has been named by Human Resource Executive magazine to the influential 2012 HR Honor Roll. Jackson will be recognized by the publication on Oct. 9 at a black tie awards dinner at the University Club of Chicago.

October 4, 2012

Wellness makes it all 'Rite'

What should be clear by now is that Rite Aid is making a big comeback, and along the way, it's also carving out an important niche for itself.

WHAT IT MEANS AND WHY IT'S IMPORTANT — What should be clear by now is that Rite Aid is making a big comeback, and along the way, it's also carving out an important niche for itself.

(THE NEWS: Rite Aid opens 'next generation' Wellness store, reports September sales. For the full story, click here.)

September 27, 2012

Original SoupMan soups make way to Safeway shelves

The Original SoupMan products now are available in the soup aisle of more than 1,400 Safeway and Safeway-owned grocery stores across the United States.

NEW YORK — The Original SoupMan products now are available in the soup aisle of more than 1,400 Safeway and Safeway-owned grocery stores across the United States.

"Our new shelf-stable packaging, featuring two delicious servings in every eco-friendly carton, makes it easier than ever for soup lovers to enjoy gourmet quality soups from The Original SoupMan at friendly prices," SoupMan CEO Arnold Casale said.

The suggested retail price for Original SoupMan is $3.79 to $3.99 for a two-serving, 17.3-oz. eco-friendly carton.

September 25, 2012

Supervalu earns several honors in recognition of its green programs

Supervalu recently received multiple national honors for its sustainability efforts, the retailer announced Tuesday.

EDEN PRAIRIE, Minn. — Supervalu recently received multiple national honors for its sustainability efforts, the retailer announced Tuesday. First, the company is featured in the Carbon Disclosure Project’s 2012 “Carbon Disclosure Leadership Index,” which honors companies for both environmental performance and transparency in this area. Supervalu received the highest score among national grocery retailers in this report.

September 24, 2012

Safeway Foundation gives $2 million to community health programs, hospitals

The Safeway Foundation on Monday announced it is giving $2 million to community health programs and hospitals to launch grassroots projects for the prevention and treatment of childhood obesity.

PLEASANTON, Calif. — The Safeway Foundation on Monday announced it is giving $2 million to community health programs and hospitals to launch grassroots projects for the prevention and treatment of childhood obesity.

The "Innovative Approaches to Preventing Childhood Obesity" grants are a part of an overall outreach and commitment to community health.

September 18, 2012

Regional pharmacy retailer conference focuses on social media

Social media was the biggest topic of discussion as regional retail pharmacy executives from around the country gathered last month for the Southern Drug Stores Association's annual meeting.

CHARLOTTESVILLE, Va. — Social media was the biggest topic of discussion as regional retail pharmacy executives from around the country gathered last month for the Southern Drug Stores Association's annual meeting.

September 17, 2012

Jewel-Osco brings back 'Give a Little, Feed a Lot'

Jewel-Osco on Friday announced that the company is observing Hunger Action Month this September with an aggressive campaign to raise food and funds for food banks and food pantries in the retailer's service area.

ITASCA, Ill. — Jewel-Osco on Friday announced that the company is observing Hunger Action Month this September with an aggressive campaign to raise food and funds for food banks and food pantries in the retailer's service area.

September 17, 2012

Jewel-Osco to celebrate Hispanic Heritage Month

Supervalu's Jewel-Osco banner will celebrate Hispanic Heritage Month with its 5th Annual “Sabor de la Herencia Hispana” signature VIP reception on Sept. 27 at the National Museum of Mexican Art, the retailer announced Monday.

ITASCA, Ill. — Supervalu's Jewel-Osco banner will celebrate Hispanic Heritage Month with its 5th Annual “Sabor de la Herencia Hispana” signature VIP reception on Sept. 27 at the National Museum of Mexican Art, the retailer announced Monday.

September 7, 2012

Supervalu takes a step toward turnaround with 60 store closures. Is it enough?

The journey to a complete turnaround begins with the first step. Supervalu's restructuring, refocusing and revitalizing the executive team may have been the first step, but it's been quickly followed by the second — culling out underperforming stores and re-investing those saved dollars into a refocused and revitalized business.

WHAT IT MEANS AND WHY IT'S IMPORTANT — The journey to a complete turnaround begins with the first step. Supervalu's restructuring, refocusing and revitalizing the executive team may have been the first step, but it's been quickly followed by the second — culling out underperforming stores and reinvesting those saved dollars into that refocused, revitalized business. The question, really, is this: Is 60 enough? Is closing out 60 underperforming or nonstrategic stores out of the company's total 2,400-plus store base (including Save-A-Lot), enough?

September 5, 2012

Safeway plans IPO for its Blackhawk Network gift card distribution division

Safeway on Wednesday announced that it plans to file a registration statement in the United States for a potential initial public offering of a minority ownership stake in Blackhawk Network Holdings, a leading prepaid payments network.

PLEASANTON, Calif. — Safeway on Wednesday announced that it plans to file a registration statement in the United States for a potential initial public offering of a minority ownership stake in Blackhawk Network Holdings, a leading prepaid payments network.

September 5, 2012

Supervalu announces additional store closures

Supervalu on Wednesday afternoon announced it will close approximately 60 underperforming or nonstrategic stores this fiscal year, including 38 in its retail food reporting segment and 22 Save-A-Lot locations.

MINNEAPOLIS — Supervalu on Wednesday afternoon announced it will close approximately 60 underperforming or nonstrategic stores this fiscal year, including 38 in its retail food reporting segment and 22 Save-A-Lot locations. The majority of the stores are expected to close before Dec. 1, which marks the end of the company’s fiscal 2013 third quarter.

August 30, 2012

Capturing specialty market is essential for growth

Specialty pharmacy is one of the fastest-growing segments of pharmacy today, but only a minority of specialty drugs that end up in patients' hands are dispensed through retail pharmacy channels.

WHAT IT MEANS AND WHY IT'S IMPORTANT — Specialty pharmacy is one of the fastest-growing segments of pharmacy today, but only a minority of specialty drugs that end up in patients' hands are dispensed through retail pharmacy channels.

But with the growing importance of specialty due to the aging population and the commoditization of the market for primary care drugs, more retailers want in on the action, so it wouldn't be in their interest to have PBMs conquer too big a share of the market.

August 29, 2012

Moving ahead with turnaround plan, Supervalu restructures executive leadership team

Moving ahead with its previously announced turnaround strategy, Supervalu said it has overhauled its executive leadership team.

MINNEAPOLIS — Moving ahead with its previously announced turnaround strategy, Supervalu said it has overhauled its executive leadership team.

August 24, 2012

Bloomberg: Supervalu reportedly seeking bid for entire business

As several suitors eye individual parts of the Supervalu business, Bloomberg reported that Supervalu is seeking buyers to bid for the entire business.

MINNEAPOLIS — As several suitors eye individual parts of the Supervalu business, Bloomberg reported that Supervalu is seeking buyers to bid for the entire business.

The news sparked a rise in Supervalu shares on Friday. As of press time, shares of Supervalu were up more than 9% to $2.32.

August 20, 2012

Crain's: Klaff Realty eyeing Supervalu's Jewel-Osco business

Suitors are lining up to carve out divisions of Supervalu following the company's announcement last month that strategic divestitures were on the table as the Eden Prairie, Minn.-based grocer seeks to turn around its business performance.

CHICAGO — Suitors are lining up to carve out divisions of Supervalu following the company's announcement last month that strategic divestitures were on the table as the Eden Prairie, Minn.-based grocer seeks to turn around its business performance. A Crain's report published Monday identified Klaff Realty as one of the first companies to express an interest, in this case the Jewel-Osco piece of the business.

August 13, 2012

Save Mart raises funds for children's hospitals

Save Mart Supermarkets announced that all of its banners — including Save Mart, S-Mart Foods, Lucky, FoodMaxx and Maxx Value Foods stores — will be raising funds for children's hospitals in California and Nevada.

MODESTO, Calif. — Save Mart Supermarkets announced that all of its banners — including Save Mart, S-Mart Foods, Lucky, FoodMaxx and Maxx Value Foods stores — will be raising funds for children's hospitals in California and Nevada.

August 8, 2012

Report: Safeway bids farewell to gas discount program

Safeway shoppers looking to save at the pump this summer and beyond no longer will be able to, according to published reports.

PLEASANTON, Calif. — Safeway shoppers looking to save at the pump this summer and beyond no longer will be able to, according to published reports.

July 30, 2012

Supervalu names new president, CEO

Supervalu on Monday named Wayne Sales, a Canadian hall-of-fame-caliber retailer, as the company's president and CEO, replacing Craig Herkert.

MINNEAPOLIS — Supervalu on Monday named Wayne Sales, a Canadian hall-of-fame-caliber retailer, as the company's president and CEO, replacing Craig Herkert.

“In my new role, I will work closely with our leadership team to improve our sales and earnings trajectory and generate long-term shareholder value, focusing relentlessly on identifying factors that will drive meaningful improvements in our strategy execution and overall performance,” Sales stated.

July 20, 2012

Albertsons Market to implement Recall InfoLink system

Albertsons Market is implementing the Recall InfoLink product recall management platform into its pharmacy operation to help it streamline the process of managing recalls, the grocer confirmed on Friday.

BOISE, Idaho — Albertsons Market is implementing the Recall InfoLink product recall management platform into its pharmacy operation to help it streamline the process of managing recalls, the grocer confirmed on Friday.

Recall InfoLink is a patented, Web-based product recall management system designed to improve recall efficiency by providing standardized messages, automated communications, inventory tracking and reports for compliance efforts.

Albertsons Market operates more than 200 stores in Arizona, Arkansas, Colorado, Florida, Louisiana, New Mexico and Texas.

July 19, 2012

Safeway's Just for U loyalty card program will bolster sales through rest of year

Safeway is looking to its recently launched Just for U loyalty program, which this month became available across all U.S. divisions, to help drive a positive sales story through the rest of the fiscal year.

PLEASANTON, Calif. — Safeway is looking to its recently launched Just for U loyalty program, which this month became available across all U.S. divisions, to help drive a positive sales story through the rest of the fiscal year. The key differentiator for that program is Safeway's ability to personalize the loyalty card experience to a factor of one.

"Registration is on track," Steve Burd, Safeway chairman and CEO, told analysts during a conference call late Thursday morning. Safeway is capturing approximately 70% of its customers into the loyalty program.

July 13, 2012

Giant-Carlisle completes acquisition of Genuardi's stores in Philadelphia

A division of Ahold USA has completed its acquisition of stores in the greater Philadelphia area.

AMSTERDAM — A division of Ahold USA has completed its acquisition of stores in the greater Philadelphia area.

Giant-Carlisle officially closed its acquisition of 15 Genuardi's stores, a subsidiary of Safeway. The deal was previously announced in January and was approved by the Federal Trade Commission last month.

As previously reported, during the conversion process, five stores at a time will temporarily close for about a week. The three-phase staggered approach is expected to be completed on July 22.

July 2, 2012

Conversion under way for Genuardi's stores in greater Philadelphia market

Giant Food has commenced its conversion of 15 former Genuardi's stores.

CARLISLE, Pa. — Giant Food has commenced its conversion of 15 former Genuardi's stores.

The announcement follows Giant Food, an Ahold subsidiary, getting the green light from the Federal Trade Commission for its plan to acquire 15 Genuardi's stores, located in the greater Philadelphia area, from Safeway.

June 21, 2012

Jewel-Osco helps Chicagoland customers save at pump

Jewel-Osco is helping Chicagoland shoppers get more value on their everyday grocery purchases through the launch of a new fuel savings program.

CHICAGO — Jewel-Osco is helping Chicagoland shoppers get more value on their everyday grocery purchases through the launch of a new fuel savings program.