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Website: http://www.supervalu.com Supervalu is the nation's third-largest supermarket chain with 2,500 stores nationwide including Save-a-Lot with 1,160 stores and stores under the names Acme, Albertsons, bigg's, Bristol Farms, Cub Foods, Farm Fresh, Hornbacher's, Jewel-Osco, Lucky, Scott's, Shaw's/Star Market, Shop 'n Save, Shoppers Food & Pharmacy and Sunflower Market. Stores offer a full range of groceries and pharmacies. Supervalu also uses its expertise to deliver and supply other grocery retailers. It operates 35 distribution centers serving 5,000 retail end points. Customers include independent grocers and regional and national retailers as well as many of its own stores. The company had fiscal 2005 sales of $19.8 billion and net income of $206.1 million. In 2006, the company acquired the Albertsons chain for $17.4 billion in stock and debt assumption. Supervalu said it will spend $1 billion to remodel and update existing stores over the next year. History In 1870, Hugh G. Harrison provided the seed money for B.S. Bull and Company, a dry goods wholesaler serving Minneapolis, St. Paul and surrounding rural communities. Though B.S. Bull was short lived, its founders went on to create similar enterprises. In 1926, these kindred companies joined to form Winston and Newell Company, the direct parent of Supervalu. Benefits * Medical insurance through managed care
or indemnity plans Updated November 18, 2006 |