Supervalu eliminating about 1,100 positions
ASSOCIATED PRESS March 26, 2013 11:10AM
Updated: March 27, 2013 3:02AM
NEW YORK — 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, including Jewel-Osco.
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.