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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. In 1975, SuperValu acquired Hornbacher's. [7] In 1980, the company acquired Minnesota-based Cub Foods, which operated five stores in the Twin Cities area.
On March 14, 2018, SuperValu Inc. announced they are selling 21 of its 38 Farm Fresh Food & Pharmacy stores to The Kroger Co. (under Kroger Mid-Atlantic and Harris Teeter) and Ahold Delhaize (under Food Lion) for $43 million (~$51.4 million in 2023) in cash. [5] The deals closed on May 4, 2018.
In September 2012, Supervalu announced it would close 22 Save A Lot stores in seven states. [6] [7] Several executive changes were made by Supervalu on March 4, 2013, including replacing Save-A-Lot CEO Roces with Ritchie Casteel. This came in the midst of plans by Supervalu to sell a number of its other grocery chains to Cerberus Capital ...
Speaking of, Old Navy's early Black Friday sale is fully up and running, with up nearly everything on sale and deals as low as just $4, including PJs for the whole family from $15 as well as the ...
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Some major deals on board: a Mother's Day-ready digital picture frame for $30 off, a cordless 6-in-1 stick vac for just $90, and a Chromebook laptop for under $150.