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SuperValu (United States)

SuperValu (United States)
Company nameSuperValu Inc.
Company typePublic (NYSE: SVU)
SloganTradition, excellence and future promise.
FoundedMinneapolis, Minnesota (1926)
HeadquartersEden Prairie, Minnesota, U.S.
Area servedUnited States
Key peopleJeff Noddle, Chairman
Craig Herkert CEO
Productssupermarkets, pharmacies, food
Revenue(+) USD $44.048 Billion (2008)
Operating income(+) USD $1.684 Billion (2008)
Net income(+) USD $593 Million (2008)
Total assets(-) USD $21.062 Billion (2008)
Total equity(+) USD $5.953 Billion (2008)

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SuperValu Inc. (NYSE - SVU) is a United States grocery retailer and distributor. The corporation, headquartered in Eden Prairie, Minnesota, has been in business for over a century. It is the third-largest food retailing company in the United States (after Kroger and Safeway), and ranks #51 on the Fortune 100 list.

On June 2, 2006, Boise, Idaho-based Albertsons, Inc. and 1,124 of its stores were sold to SuperValu. The sale was approved by the shareholders of both SuperValu and Albertsons on May 30, 2006.

Supermarket News ranked SuperValu #1 in the 2008 "Top Wholesalers for 2008".

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