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In 1971, the discount store chain ShopKo was acquired by SuperValu, Inc., and was spun off in 1991 to form a separate, publicly traded company. SuperValu retained a 46% interest in the new company, which Shopko later purchased in 1997. SuperValu founded the clothing store County Seat in 1973 and sold it to Carson Pirie Scott in 1983.
SuperValu announced on January 5, 2007, that it would offer for sale its Jewel-Osco stores in the Milwaukee area. [64] [65] Pick 'n Save agreed to take 5 of the 15 stores. [66] Two other stores were purchased by Lena's Food Market. [67] SuperValu announced to its workers that the remaining stores, if unsold, would close at the end of March. [68]
United States ex rel. Schutte v. Supervalu Inc., 598 U.S. ___ (2023), was a United States Supreme Court case in which the Court held that the False Claims Act's scienter element, which requires a defendant to "knowingly" give a "false" claim to the government, refers to a defendant's knowledge and subjective beliefs.
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As the world's third-richest person and most celebrated investor, Warren Buffett attracts a lot of attention. Thousands try to glean what they can from his thinking processes and track his ...
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Numerous other SuperValu locations opened across Western Canada before most gradually expanded into Superstore sites; the SuperValu name is still in use in British Columbia. The similarly named the Real Superstore was used in the United States from the 1970s up until the mid-1990s by the Loblaws-owned National Supermarkets chain until the chain ...
Last month, SUPERVALU announced an agreement with AB Acquisition LLC to sell five of its retail banners as well as enter into an agreement with Symphony Investors LLC to conduct a tender offer for ...
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