Profile: SUPERVALU Inc (SVU.N)
6 Dec 2013
SUPERVALU INC. (SUPERVALU), incorporated on December 28, 1925, is a United States grocery channel. It operates in three segments: Retail food, Save-A-Lot and Independent business. The Company leverages its distribution operations by providing wholesale distribution and logistics and service solutions to its independent retail customers through its Independent business segment. The Retail Food and Save-A-Lot reportable segments derive revenues from the sale of groceries at retail locations operated by the Company. The Independent Business reportable segment derives revenues from wholesale distribution to independently-owned retail food stores, mass merchants and other customers. During the fiscal year ended February 23, 2013 the Company added 69 Save-A-Lot stores through new store development and closed 70 Save-A-Lot stores, including previously announced closures of 22 stores. The Company completed the sale of NAI on March 21, 2013.
The Company conducts its Retail food operations through a total of 1,065 stores. Following the disposition, the Company conducts its Retail Food continuing operations through a total of 191 stores located throughout the United States. The Company’s Retail food operations are supplied by one distribution centers and nine distribution centers that are part of the Independent business segment providing wholesale distribution to both the Company’s own stores and stores of independent retail customers. The Company operates under the Acme, Albertsons, Jewel-Osco, Lucky, Shaw’s and Star Market banners, and related Osco and Sav-on in-store pharmacies. The Company‘s Retail Food stores range in size from approximately 40,000 to 60,000 square feet. The Company’s Retail Food stores provide an extensive grocery offering and, depending on size, a variety of additional products including, general merchandise, health and beauty care, and pharmacy.
The Company conducts its Save-A-Lot operations through a total of 1,331 stores under the Save-A-Lot banner, including 950 licensed Save-A-Lot stores, located throughout the United States. The Company’s Save-A-Lot operations are supplied by 16 distribution centers providing wholesale distribution to the Company’s own stores and licensed stores. The Company owns 381 Save-A-Lot stores and licenses an additional 950 Save-A-Lot stores to independent operators. Save-A-Lot stores are typically about 15,000 square feet in size and carry a specific assortment of high volume appropriately sized items largely focused on private label products.
The Company’s Independent business segment primarily provides wholesale distribution of products to independent retailers and is a company food wholesaler. The Company’s Independent business network spans 43 states and serves as primary grocery supplier to approximately 1,900 stores of independent retail customers, in addition to the Company’s own stores, as well as serving as secondary grocery supplier to approximately 440 stores of independent retail customers. The Company’s wholesale distribution customers include single and multiple grocery store independent operators, regional and national chains, mass merchants and the military. The network of distribution centers is comprised of 18 distribution facilities, nine of which supply the Company’s own stores in addition to stores of independent retail customers. In addition, the Company provides certain facilitative services between its independent retailers and vendors related to products that are delivered directly by suppliers to retail stores under programs established by the Company. These services include sourcing, invoicing and payment services. The Company offers a variety of nationally advertised brand name and private-label products, primarily including grocery (both perishable and nonperishable), general merchandise and health and beauty care, pharmacy and fuel, which are sold through the Company’s own and licensed retail food stores to shoppers and through its Independent business segment business to independent retail customers.
East View Innovation Center
7075 FLYING CLOUD DRIVE
EDEN PRAIRIE MN 55344