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Encyclopedia > Hornbacher's
Supervalu Inc.
Type Public (NYSE: SVU)
Founded 1870 Minneapolis, Minnesota
Location Eden Prairie, Minnesota
Key people Jeff Noddle, Chairman & CEO
Mike Jackson, President & COO
Industry Retail (Grocery)
Employees 57,000
Website www.supervalu.com

Supervalu Inc. NYSE: SVU is a United States grocery retailer and distributor. The corporation is headquartered in Eden Prairie, Minnesota and has been in business for over a century. It is the third-largest food retailing company in the United States. Image File history File links Supervalu_logo. ... A public company is a company owned by the public rather than by a relatively few individuals. ... New York Stock Exchange (June 2003) The New York Stock Exchange (NYSE) is one of the largest stock exchanges in the world. ... 1870 (MDCCCLXX) was a common year starting on Saturday (see link for calendar) of the Gregorian calendar or a common year starting on Monday of the 12-day-slower Julian calendar. ... Nickname: City of Lakes Motto: En Avant Official website: http://www. ... Eden Prairie is a city located in Hennepin County, Minnesota. ... Supermarket produce section A supermarket is a store that sells a wide variety of goods including food and alcohol, medicine, clothes, and other household products that are consumed regularly. ... Employment is a contract between two parties, one being the employer and the other being the employee. ... This page as shown in the aol 9. ... New York Stock Exchange (June 2003) The New York Stock Exchange (NYSE) , also nicknamed the Big Board, is the largest stock exchange in the world in dollar volume and second largest by number of companies listed. ... Supermarket produce section A supermarket is a store that sells a wide variety of goods including food and alcohol, medicine, clothes, and other household products that are consumed regularly. ... A drawing of a self-service store Retailing consists of the sale of goods/merchandise for personal or household consumption either from a fixed location such as a department store or kiosk, or away from a fixed location and related subordinated services (Definition of the WTO (last page). ... Eden Prairie is a city located in Hennepin County, Minnesota. ...


As of June 2, 2006, Boise, ID-based Albertsons Inc. and 1100 of its family of stores have become a wholly owned subsidiary of Supervalu. The sale was approved by the shareholders of both Supervalu and Albertsons on May 30, 2006. [1] A typical Albertsons store. ...

Contents


History

In 1870, Hugh G. Harrison provided the money for B.S. Bull and Company, a dry goods wholesaler serving Minneapolis, Minnesota. Though B.S. Bull and Company was short lived, its founders went on to create similar company. In 1926, Hugh G. Harrison formed Winston and Newell Company which went on to be Supervalu Inc. 1870 (MDCCCLXX) was a common year starting on Saturday (see link for calendar) of the Gregorian calendar or a common year starting on Monday of the 12-day-slower Julian calendar. ... Nickname: City of Lakes Motto: En Avant Official website: http://www. ... 1926 (MCMXXVI) was a common year starting on Friday (link will take you to calendar). ...


Acquisitions

In 1971, a discount department store chain ShopKo was acquired by Supervalu Inc., only to be sold off in 1991. 1971 (MCMLXXI) was a common year starting on Friday (the link is to a full 1971 calendar). ... ShopKo Stores, Inc. ... 1991 (MCMXCI) was a common year starting on Tuesday of the Gregorian calendar. ...


In 1980, the company acquires Minnesota-based Cub Foods, which operates five stores in the Twin Cities area. By 2004, Cub operates more than 100 stores in Minnesota, Wisconsin and Illinois. 1980 (MCMLXXX) was a leap year starting on Tuesday. ... 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... Official language(s) None Capital Largest city Saint Paul Minneapolis Area  - Total   - Width   - Length    - % water  - Latitude  - Longitude Ranked 12th 87,014 sq mi  225,365 km² 250 miles  400 km 400 miles  645 km 8. ... Official language(s) None Capital Madison Largest city Milwaukee Area  Ranked 23rd  - Total 65,498 sq. ... Official language(s) English Capital Springfield Largest city Chicago Area  Ranked 25th  - Total 57,918 sq. ...


In the next few years Supervalu acquired stores such as Scott's Foods in 1991, Shop 'n Save and Save-A-Lot in 1992, Bigg's in 1994 and Virginia's Farm Fresh and Shoppers Food in 1999. Save-A-Lot is a grocery store chain that is the thirteenth-largest retail chain and sixth-largest chain under a single banner with more than one thousand stores in the United States and $4 billion in sales. ... 1992 (MCMXCII) was a leap year starting on Wednesday. ... 1994 (MCMXCIV) was a common year starting on Saturday of the Gregorian calendar, and was designated like the International Year of the Family and the International Year of the Sport and the Olympic Ideal. // Events January Bill Clinton January 1 : North American Free Trade Agreement (NAFTA) goes into effect. ... 1999 (MCMXCIX) was a common year starting on Friday, and was designated the International Year of Older Persons by the United Nations. ...


On January 23, 2006, Supervalu announced that it, along with a collection of investors including CVS/pharmacy, Kimco Reality, and Cerberus Group had agreed to acquire Albertsons for 9.7 billion dollars. Supervalu acquired over 1100 new stores in the deal, including Albertsons, Max Foods and Super Saver stores in the former Intermountain, Northwest and Southern California (including southern Nevada) regions and all Acme, Bristol Farms, Jewel, Jewel-Osco, Lazy Acres, Save-A-Lot (the stores operated by Shaw's), Shaw's, and Star Market stores. The acquisition was completed on June 2, 2006. Also on June 2, 2006, Supervalu divested two Jewel-Osco stores in Springfield, Ill. to Cerberus. Supervalu retains ownership rights of the Osco Drug and Sav-on Drug brand names. January 23 is the 23rd day of the year in the Gregorian calendar. ... 2006 (MMVI) is a common year starting on Sunday of the Gregorian calendar. ... CVS Corporation, NYSE: CVS is the largest pharmacy chain in the United States, based on store count. ... Cerberus Capital Management LP is large, politically-connected, privately-owned hedge fund. ... A typical Albertsons store. ... A typical Albertsons store. ... Super Saver is a United States price-impact grocery franchise. ... Acme (Greek ακμή, the peak, zenith, prime) denotes the best of something. ... Jewel is a supermarket chain that has approximately 200 stores in the Chicago metropolitan area. ... Shaws Supermarkets, along with sister store Star Markets, is presently the second largest grocery group in the northeast United States. ...


Overview

Today Supervalu operates 2,505 food and food/drug combination stores, 935 in-store pharmacies, 107 fuel centers and serves as primary distributor to an additional 2,200 stores.


Supervalu also supplies a network of independent retailers (often found in smaller cities) that sometimes use the Supervalu name, however these stores are not owned by the company. Supervalu also franchises the Cub Foods and Save-A-Lot brand to independent retailers.


As a supplier to IGA (Independent Grocers Alliance) supermarkets, Supervalu necessarily has formed close relationships with these family-owned grocery businesses, some of which have had relationships with the corporation for over two or three generations. But Wal-Mart's newly arrived grocery competition to these stores also affects Supervalu, Inc. In addition, Supervalu is selling its Shop 'n Save stores in the Pittsburgh market as a result of being unable to compete with Wal-Mart and fast-growing local chain Giant Eagle. Most will be sold to independent owners, and continue to operate under the Shop 'n Save banner. Supervalu will continue to supply all area Foodland, Save-A-Lot and the independent Shop 'n Save locations of western Pennsylvania and northern West Virginia. IGA is a name used by many independent grocery stores throughout the world. ... Wal-Mart Stores, Inc. ... Giant Eagle, Inc. ... Official language(s) None Capital Harrisburg Largest city Philadelphia Area  Ranked 33rd  - Total 46,055 sq. ... Official language(s) English Capital Charleston Largest city Charleston Area  Ranked 41st  - Total 24,244 sq. ...


Supervalu enjoys economies of scale when dealing with the well-known national food firms like Kraft Foods, General Foods, General Mills, the beer manufacturers, meat suppliers, produce suppliers and dairy suppliers, as well as the health and beauty product suppliers, by purchasing in bulk and then distributing the goods by Direct Store Delivery from its distribution centers, which are located nationwide. Kraft Foods Inc. ... General Foods, formerly shorthand for the General Foods Corporation, is now a brand of Kraft Foods. ... General Mills NYSE: GIS is a Fortune 500 corporation, mainly concerned with food products, which is headquartered in Golden Valley, Minnesota, a suburb of Minneapolis. ... A selection of bottled beers A selection of cask beers Beer is the worlds oldest and most popular alcoholic beverage, selling over 133,000 million litres a year. ... Various meats Cold Meat Salad Meat, in its broadest modern definition, is all animal tissue intended to be used as food. ... Supermarket produce section Produce is a general term for a group of farm-produced goods, generally limited to fruits and vegetables. ... Dairy farm near Oxford, New York A dairy is a facility for the extraction and processing of animal milk (mostly from cows, sometimes from buffalo, sheep or goats) and other farm animals, for human consumption. ... A distribution center for a set of products is a warehouse or other specialized building with refrigeration or air conditioning which are supplied by transport, such as airplane, truck, rail or ship, and then re-distributed to retailers or wholesalers. ...


The ethnic foods market is an emerging sector and remains a challenge for this business, as well as the natural and organic foods sector, as there are no clear market leaders for the corporation to deal with in these sectors. It remains to be seen whether Supervalu's tradition of dealing with small grocery businesses can be extended to these emerging markets. It has been suggested that this article or section be merged with organic product. ...


Supervalu private-label brands include Flavorite, Shoppers Value, HomeBest, and Richfood.


Supervalu also owns two third-party logistics firms, Advantage Logistics and Total Logistic Control. In 2005, Supervalu launched a specialty produce company, W. Newell & Company which is headquartered in Champaign, Illinois. 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... A view of Champaign from above ( see wider view). ...


Marketshare

Supervalu has a leading marketshare position in several markets where it has operations.


First:

  • Philadelphia, PA-NJ (Acme, Acme-Sav-on)
  • Minneapolis-St.Paul, MN (Cub Foods)
  • Fargo, ND (Hornbacher's)
  • Chicago, IL (Jewel, Jewel-Osco)
  • Fort Wayne, IN (Scott's)
  • Billings, MT (Albertsons)
  • Boise, ID (Albertsons)
  • Las Vegas, NV (Albertsons)
  • Orange County, CA (Albertsons, Bristol Farms)

Second:

  • Cincinnati, OH (Bigg's)
  • Norfolk/Virginia Beach, VA (Farm Fresh)
  • Boston, MA-NH (Shaw's and Star Market)
  • Spokane, WA (Albertsons)
  • Salt Lake City/Ogden, UT (Albertsons)
  • St. Louis, MO (Shop 'n Save)
  • Riverside-San Bernardino, CA (Albertsons)
  • San Diego, CA (Albertsons)
  • Ventura, CA (Albertsons, Bristol Farms)

Third:

  • Seattle-Bellevue-Everett/Tacoma, WA (Albertsons)
  • Washington, D.C./Baltimore, MD (Shoppers)
  • Los Angeles-Long Beach, CA (Albertsons, Bristol Farms)

Chains

The company operates under multiple retail banners, or chains:

  • Acme 134 locations (Philadelphia, DE, Northern MD., NJ., Eastern PA)
  • Albertsons 564 locations (Southern CA, ID, MT, ND, Southern NV (and Elko), OR, UT, Jackson and Rock Springs, WY)
  • Bigg's 13 locations (Cincinnati, Clarksville, IN and Northern Kentucky)
  • Bristol Farms 11 locations (Southern California)
  • Cub Foods 83 locations of which 31 are franchised (Minneapolis-St. Paul, IA, MN and WI.)
  • Farm Fresh 40 locations (Hampton Roads and Richmond-Petersburg, VA)
  • Hornbacher's 5 locations (Fargo-Moorhead, ND/MN)
  • Jewel and Jewel-Osco 198 locations (Chicagoland, Milwaukee, Central and Western IL, Eastern IA, Northwestern IN and Southeastern WI)
  • Lazy Acres 1 location (Santa Barbara, CA)
  • Max Food & Drug 4 locations (Alhambra, El Centro, Hanford and Montebello, CA)
  • Osco Pharmacy and Sav-on Pharmacy 1104 pharmacies (Nationwide)
  • Save-A-Lot 1292 locations of which 860 are franchised (Nationwide)
  • Scott's Food & Pharmacy 18 locations (Ft. Wayne and Northeastern IN)
  • Shaw's 188 locations (Boston area, CT, MA, ME, NH, RI, VT)
  • Shop 'n Save 48 locations (Pittsburgh, PA., St. Louis, Southern IL and Springfield, IL.)
  • Shoppers Food & Pharmacy 62 locations (Washington, D.C., Baltimore, MD and Northern VA.)
  • Star Market 20 locations (Boston, MA-area)
  • Sunflower Market 1 location (Indianapolis)
  • Super Saver Foods 1 location (San Ysidro/San Diego, CA)

Cincinnati, Ohio viewed from the SW, across the Ohio River from Kentucky. ... Northern Kentucky is generally agreed to consist of Kentuckys three northernmost counties: Boone, Kenton and Campbell. ... The Twin Cities of Minneapolis and St. ... Hampton Roads, from state map of pre-civil war Virginia circa 1858 Hampton Roads is the name of both a body of water and the land areas which surround it in southeastern Virginia in the United States. ... Richmond-Petersburg is a region located in a central part of the state of Virginia in the United States. ... Fargo-Moorhead (F-M) is the name of the metropolitan area composed of Fargo, North Dakota, Moorhead, Minnesota, and surrounding cities. ... Chicagoland. ... Pittsburgh is the second-largest city in Pennsylvania, United States. ... Nickname Gateway City, Gateway to the West, or Mound City Location Location in the state of Missouri Government Country State County United States Missouri Independent City Mayor Francis G. Slay (D) Geographical characteristics Area  - City    - Land    - Water 66. ... Flag Seal Nickname: the District Motto: Justitia Omnibus (Justice for All) Location Location of Washington, D.C., with regard to the surrounding states of Maryland and Virginia. ... The Indianapolis skyline Indianapolis is the capital of the U.S. state of Indiana. ...

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