Supervalu Eliminating about 1,100 Jobs

By: The Associated Press Email
By: The Associated Press Email

NEW YORK (AP) -- Supervalu is eliminating about 1,100 positions nationwide, or about 3 percent of its workforce, less than a week after the supermarket operator completed the sale of five of its grocery chains.

The company said Tuesday that the reductions will include current jobs and open positions that won't be filled. The job eliminations will occur at nearly all company offices and across most departments.

Store level employees and the Save-A-Lot chain are generally not affected by the reductions, with more emphasis on corporate and store support center offices.

It is not known at this point in time if the distribution center in Milton, or any of the Save-A-Lot stores in our region will be affected.

Supervalu has about 3,470 stores in the U.S. and approximately 35,000 employees. Its stock rose slightly in premarket trading.

On Thursday the chain closed on the sale of Albertson's, Jewel-Osco, Acme, Shaw's and Star Market to an investor group led by Cerberus Capital Management.


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