CARY, N.C. — Pharmacy benefits manager Paramount Rx is sponsoring Supervalu Inc.’s 10th annual My Diabetes Coach campaign to raise consumer awareness about the risks of diabetes and help people with diabetes better manage the disease. Paramount Rx said that through June 17, shoppers are can visit a Supervalu Cub Foods, Farm Fresh, Shoppers Food
MINNEAPOLIS — Supervalu Inc. has named Anne Dament as senior vice president of retail, merchandising and marketing. The supermarket wholesaler and retailer said Wednesday that Dament will lead retail banner operations and oversee retail merchandising and marketing. She will report to Mark Gross, Supervalu’s president and chief executive officer. A 25-year retail veteran who began
MINNEAPOLIS — Supervalu Inc. has agreed to sell its Save-A-Lot hard discount grocery chain to private equity firm Onex Corp. for $1.365 billion in cash. The deal comes more than year after Supervalu announced that it was exploring options for a separation of the Save-A-Lot business, including a possible spin-off into a stand-alone, publicly traded
BRUSSELS — The U.S. subsidiaries of Delhaize Group and Ahold NV have reached agreements with buyers to divest 86 stores in connection with the companies’ pending merger. Delhaize and Ahold said Thursday that all of the store divestitures — which includes locations from both companies’ U.S. supermarket chains — must be approved by the Federal
WASHINGTON — Nearly 400 pharmacy advocates from 43 states converged on Capitol Hill for the National Association of Chain Drug Stores’ annual RxImpact Day grassroots lobbying drive. NACDS said the advocates — who include pharmacists, pharmacy executives, pharmacy students and others — will meet with about 85% of the U.S. Congress during the two-day event,
COLORADO SPRINGS, Colo. — Steve Davis, director of center store, general merchandise, health/beauty care and grocery nonfoods at Weis Markets Inc., has been appointed chairman of the Global Market Development Center (GMDC). GMDC noted that Davis’ experience includes a broad food retailing background, covering both the GM and health/beauty/wellness categories. He also serves as the
EDEN PRAIRIE, Minn. — Food and drug retailer and distributor Supervalu Inc. has hired Mark Gross as president and chief executive officer. Supervalu said Wednesday that Gross takes the CEO reins effective Feb. 5 and will succeed Sam Duncan, who is retiring at the end of this month. Gross also will join the company’s board
MINNEAPOLIS — Sam Duncan, president and chief executive officer of Supervalu Inc., plans to retire early next year. Duncan, 63, is due to step down on February 29. A search for a new CEO has begun, within and outside the company, Supervalu said. Previously CEO of OfficeMax, Duncan became Supervalu’s CEO in February 2013 after
MINNEAPOLIS — Supervalu Inc. president and chief executive officer Sam Duncan plans to retire early next year. The food and drug retailer said late Thursday that Duncan, 63, is slated to step down on Feb. 29, 2016, upon the end of the company’s fiscal year. A search is under way for a new CEO, and
BOISE, Idaho — Albertsons Cos., the nation’s second-largest supermarket company and one of the biggest retail pharmacy operators, plans to go public. The company filed a registration statement last month with the Securities and Exchange Commission for an initial public offering of common stock. The number of shares to be offered, their price range and
