SUPERVALU Launches Its New Exclusive Culinary Circle(TM) Brand of Premium Foods
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Culinary Circle delivers a casual restaurant meal experience at
home, at a fraction of the time and cost of dining out
MINNEAPOLIS--(Business Wire)--
At a time when consumers are increasingly looking for ways to
stretch their food budgets without sacrificing quality and taste,
SUPERVALU (NYSE: SVU) today announced the launch of its new Culinary
Circle(TM) brand of premium food lovers' foods. The brand enables
consumers to enjoy restaurant-quality food right at home easily and
affordably, and is available nationwide at the company's family of
grocery stores, including Acme, Albertsons, bigg's, Cub Foods, Farm
Fresh, Hornbacher's, Jewel-Osco, Lucky, Shaw's/Star Market, Shop 'n
Save and Shoppers Food & Pharmacy.
The Culinary Circle brand will initially feature more than 150
items in the deli, bakery, frozen and center store aisles. Offerings
range from on-the-go meals, elegant hors d'oeuvres and gourmet spreads
to high-end desserts and artisan breads. Culinary Circle products will
be priced approximately 20 to 25 percent below casual restaurant food
and about 10 to 15 percent lower than other premium national brands.
"The rising cost of gas and other household necessities makes it
harder for many consumers to justify dining out as often as they'd
like," said Chad Terrell, Culinary Circle brand manager. "Our line-up
of chef-inspired Culinary Circle products is designed to bring
affordable, quality meals to the dining room, and help meet the needs
of consumers who love to eat out and sample different kinds of foods
or indulge in the kinds of meals they simply don't have the time to
make at home.
"Culinary Circle brings families back to their own dining rooms
with the quality and unique variety of food found on casual dining
restaurant menus," continued Terrell.
A recent study conducted by the Food Marketing Institute found
that more than 70 percent of Americans are dining out less often due
to economic concerns.(1) At the same time, consumers have become
increasingly accustomed to a broader and more unique array of foods
through restaurants, travel and televised cooking shows. So despite
the economy, they continue to have high expectations for the foods
they eat, seeking out meals with bold or unexpected flavors or
delicious aromas.(2)
"Culinary Circle exemplifies SUPERVALU's continued focus on being
a customer-centric organization," said Duncan Mac Naughton, executive
vice president, SUPERVALU merchandising and marketing. "Significant
research and understanding of consumer insights went into the
development of the brand, which has enabled us to appeal directly to
consumers' desire for premium products that help them recreate the
casual restaurant experiences they've come to enjoy, at a fraction of
the cost."
Inspired by the cuisine at some of today's most popular
restaurants, Culinary Circle products offer the latest in flavor
trends and are made with unique, fresh, high-quality ingredients.
Choices in the Culinary Circle line range from traditional favorites
to original items, some of which include:
Entrees
-- Pork Carnitas Enchilada Casserole
-- Rotisserie Chicken
-- Chicken Marsala over Linguini
Side Dishes
-- Rosemary Garlic Roasted Potatoes
-- Oven Roasted Vegetables
Soups
-- Chicken Noodle
-- Tuscan Tomato & Vegetable
Pizzas
-- Ultra Thin Chicken Alfredo
-- Ultra Thin Margherita
-- Rising Crust Spicy Italian Sausage
Frozen Desserts
-- Pineapple Upside Down Cake
-- White & Dark Chocolate Mousse Cake
Cookies
-- Key Lime White Chocolate Homestyle Crisp Cookies
-- White Chocolate Macadamia Nut Homestyle Crisp Cookies
-- Chocolate Brownie Soft & Chewy Cookies
-- Chocolate Chip Lava Cookies
Marinades
-- Jamaican Style Jerk
-- Raspberry Chipotle
-- Shanghai Five Spice Teriyaki
The story behind the circle
Each Culinary Circle package bears a semi-circular logo that
evokes the drizzle of chocolate or a specialty sauce on a restaurant
plate known as the "chef's mark," the finishing touch to fine dishes.
Presented in palette-pleasing colors of espresso brown and metallic
copper, the design adds a touch of elegance to the brand and the feel
of a contemporary kitchen. Packages feature high-level photography
that depicts the hand-created quality of the products, and copy that
emphasizes the authentic ingredients or special cooking techniques
that help bring each item to life.
Consumers can find easy recipes incorporating Culinary Circle
products online at www.culinarycircle.com. The recipes include ideas
for appetizers, entrees and desserts, and can be made by combining a
Culinary Circle product with everyday grocery items. Many can be made
in as little as 10 minutes, such as "Shanghai Chicken Wings" made with
frozen chicken wings, Culinary Circle Shanghai Five Spice Teriyaki
Sauce and green onions, or "Macaroon Key Lime Parfaits" made with key
lime yogurt, kiwi fruit, raspberries and Culinary Circle Macaroon
Pecan Chocolate Chip Cookies.
Culinary Circle joins several SUPERVALU private-label brands,
including Wild Harvest(TM), Baby Basics, Java Delight, Homelife and
Shoppers Value.
For more information about the line of Culinary Circle products,
visit www.culinarycircle.com or call 1-877-932-7948.
About SUPERVALU INC.
SUPERVALU INC. is one of the largest companies in the United
States grocery channel with estimated annual sales of $44 billion.
SUPERVALU holds leading market share positions across the U.S. with
its approximately 2,475 retail grocery locations, including nearly 920
in-store pharmacies. Through SUPERVALU's nationwide supply chain
network, the company provides distribution and related logistics
support services to more than 5,000 grocery endpoints across the
country. SUPERVALU currently has approximately 192,000 employees. For
more information about SUPERVALU visit www.supervalu.com.
Sources:
(1) Food Marketing Institute (FMI), FMI Grocery Shopper Trends
2008: Economic Concerns Shaping How Consumers Shop, Cook, Dine
(2) Information Resources Inc., Times & Trends, a Snapshot of
Trends Shaping the CPG Industry, CPG 2007 Year in Review: Emerging
Trends Shaping 2008 Opportunity
SUPERVALU INC.
Media Contact:
Haley Meyer, 952-828-4786
haley.meyer@supervalu.com
or
Investor Contact:
David Oliver, 952-828-4189
david.oliver@supervalu.com
Copyright Business Wire 2008
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