In July 2015 SuperValu announced a potential spin-off of its discount grocery chain and primary business segment. After beating profit and revenue growth expectations in July, 2015, Sam Duncan, then President and CEO, announced that spinning off this segment will enable SuperValu to focus on growth in its other retail grocery stores and wholesale business, while unlocking shareholder value from the spin-off. On January 7, 2016 SuperValu filed a Form 10 with the SEC for the possible spin-off, indicating that Save-A-Lot would be more competitive and SuperValu shareholders would receive at least 80% of the new public entity, according to the SEC filing. The Save-A-Lot segment has been considered the growth driver for SuperValu over the last several years in the competitive landscape. The deal is not certain, but is in the deeper stages of development. Market Positioning SuperValu has been an industry leader for over sixty years and willl withstand the headwinds of this slow-growth industry. SuperValu is diversified across the United States in both retail and wholesale markets and has competed in the challenging retail environment since the 1950s. Independent Business distributes to over 2000 store formats annually and SuperValu operates another 1500 stores in Save-A-Lot and Retail Food. The long history of
In July 2015 SuperValu announced a potential spin-off of its discount grocery chain and primary business segment. After beating profit and revenue growth expectations in July, 2015, Sam Duncan, then President and CEO, announced that spinning off this segment will enable SuperValu to focus on growth in its other retail grocery stores and wholesale business, while unlocking shareholder value from the spin-off. On January 7, 2016 SuperValu filed a Form 10 with the SEC for the possible spin-off, indicating that Save-A-Lot would be more competitive and SuperValu shareholders would receive at least 80% of the new public entity, according to the SEC filing. The Save-A-Lot segment has been considered the growth driver for SuperValu over the last several years in the competitive landscape. The deal is not certain, but is in the deeper stages of development. Market Positioning SuperValu has been an industry leader for over sixty years and willl withstand the headwinds of this slow-growth industry. SuperValu is diversified across the United States in both retail and wholesale markets and has competed in the challenging retail environment since the 1950s. Independent Business distributes to over 2000 store formats annually and SuperValu operates another 1500 stores in Save-A-Lot and Retail Food. The long history of