Fitch Confirms SuperValu Risky Rating
Fitch Ratings has confirmed the default ratings given for SuperValu as ‘CCC’ even with some divestitures announced last week that seemed to reduce the retailer’s exposure to many competitive pressures. [...]
Shaw’s Planning 700 Job Cuts
Supervalu Inc., Shaw’s Supermarkets parent company has announced that it has plans to lay off at least 700 store workers. The chain of supermarkets said that this would help it [...]
Your Pocketbook Will Benefit at SuperValu
SuperValu (NYSE: SVU) has cornered 4.2% of the grocery market and stands at third place. The company is over 100-years old1 and their corporate main offices are in Eden Prairie, [...]