SUPERVALU, Inc.'s ALBERTSONS Southern California Division Announces Workforce Reduction

ALBERTSONS Southern California Division, a subsidiary of SUPERVALU, Inc. announced plans to reduce its store-level workforce by an estimated 2,200-2,500 positions. These reductions, which will occur across all 247 Albertsons stores in California and Nevada, will begin the week of June 17, 2012 and should be completed near July 1, 2012. The change is expected to directly impact a small number of positions at any specific store location. In February, the Company identified ways to de-layer and remove costs with a reduction in its Fullerton store support center. While ALBERTSONS` commitment to the neighborhoods it serves remains the same, the need for change at the Company is clear. ALBERTSONS has not kept pace with the changing needs of its customers for a number of reasons. At the same time, while the division has experienced a reduction in traffic and an overall decline in sales, it has not made the necessary adjustments to its store-level operations. ALBERTSONS will work with the union to ensure a smooth transition for affected associates based on the collective bargaining agreement.