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| Company type | Subsidiary |
|---|---|
| NYSE: SVU | |
| Industry | Retailing |
| Founded | 1926, in Minneapolis, Minnesota |
| Defunct | October 22, 2018 |
| Fate | Acquired by United Natural Foods |
| Successor | United Natural Foods |
| Headquarters | Eden Prairie, Minnesota, U.S. |
Area served | United States |
| Products | Supermarkets, grocery store, pharmacies, food |
| Parent | United Natural Foods |
| Subsidiaries | SuperValu Pharmacies. Cub Foods and Shoppers |
| Website | supervalu |
SuperValu, Inc., was an American wholesaler and retailer of grocery products. The company, formerly headquartered in the Minneapolis suburb of Eden Prairie, Minnesota, had been in business since 1926.[1] It is a wholly owned subsidiary of United Natural Foods (UNFI).
On July 26, 2018, SuperValu announced that it had agreed to be purchased by Providence, RI-based United Natural Foods Inc., the largest distributor to Whole Foods Market and other natural foods stores. UNFI would pay $1.3 billion in cash and assume another $1.6 billion in SuperValu debt and liabilities. UNFI said it expects the deal to result in roughly $175 million in savings over three years and that it would divest itself of SuperValu's grocery stores.[2]
As of June 8, 2022, the SuperValu brand seems to be discontinued for everything besides some small-scale grocery stores. The distribution facility in Hopkins, Minnesota, has been rebranded to UNFI.[citation needed]
- ^ "Directory Archived 2012-07-18 at the Wayback Machine." SuperValu. Retrieved on July 22, 2010.
- ^ Ewoldt, John; Painter, Kristen Leigh (July 26, 2018). "Sale of Supervalu puts future of Cub Foods up in the air". Star Tribune. Minneapolis. Retrieved January 10, 2019.