Supervalu eliminating about 1,100 positions


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.

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.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


WYMT CONTACT INFO 199 Black Gold Blvd. Hazard, KY 41701 606-436-5757 - switchboard 606-439-9968 - newsroom
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 200160791 - wkyt.com/a?a=200160791