SuperValu Inc. (Public, NYSE:SVU) is a United States grocery retailer and distributor. The corporation is headquartered in Eden Prairie, Minnesota, and has been in business for over a century. It is the third-largest food retailing company in the United States and ranks #51 on the Fortune 100 list.
Supermarket News ranked SuperValu #1 in the 2008 "Top Wholesalers for 2008".
On January 23, 2006, SuperValu announced that it, along with a collection of investors including CVS Corporation, Kimco Realty, and Cerberus Group had agreed to acquire Boise, Idaho-based Albertsons, Inc for $9.7 billion. The sale was approved by the shareholders of both Supervalu and Albertsons on May 30, 2006 . The acquisition was completed on June 2, 2006. SuperValu acquired over 1100 stores in the deal including:
Sold 2013 Acme (134 locations)
Sold 2013 Acme Express, Jewel Express, and Albertsons Express (107 fuel centers)
Sold 2013 Albertsons (564 locations)
Bristol Farms (15 locations)
Sold 2013 Jewel and Jewel-Osco (198 locations)
Lazy Acres (1 location)
Max Foods (3 locations) (Later rebranded Lucky)
Sold 2013 Osco Pharmacy and Sav-on Pharmacy (906 pharmacies)
Save-A-Lot (2 stores franchised by Shaw's)
Sold 213 Shaw's (188 locations)
Sold 2013 Star Market (20 locations) (7 re-branded Shaw's)
Sold 2013 Farm Fresh
Sold 2013 Shop 'n Save
Sold 2013 Hornbacher's
Jan 2013 - SUPERVALU Inc. (SVU) announced a definitive agreement under which it will sell its Albertsons, Acme, Jewel-Osco, Shaw's and Star Market stores and related Osco and Sav-on in-store pharmacies (collectively, the "Banners") to AB Acquisition LLC ("AB Acquisition"), an affiliate of a Cerberus Capital Management L.P. ("Cerberus")-led investor consortium which also includes Kimco Realty Corporation KIM -0.05% , Klaff Realty LP, Lubert-Adler Partners and Schottenstein Real Estate Group, in a transaction valued at $3.3 billion.