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Supervalu Inc. is an American retailing company. The
corporation, headquartered in Eden Prairie, Minnesota, has been in business for
over a century. It is the third-largest food retailing company in the United
States (after Kroger and Safeway), and ranks #75 on the 2012 Fortune 500 list.
On June 2, 2006, Boise, Idaho-based Albertsons, Inc.
and 1,124 of its stores were sold to Supervalu. The sale was approved by the
shareholders of both Supervalu and Albertsons on May 30, 2006.
Supermarket News ranked Supervalu #1 in the 2008
"Top Wholesalers for 2008.
Type Public
Traded as
NYSE: SVU
S&P 500 Component
Industry Retailing
Founded
Minneapolis, Minnesota (1926)
Headquarters
Eden Prairie, Minnesota, U.S.
Area served
United States
Key people Wayne Sales CEO
Products
Supermarkets, grocery store, pharmacies, food
Revenue USD $36.1 Billion (2012)
Operating income
USD -$519
Million (2012)
Net income
USD -$1.04
Billion (2012)
Total assets
USD $12.053
Billion (2012)
Total equity
USD $12.053
Billion (2012)
Employees
130,000
Website
supervalu.com
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