Between automated checkout lines, online grocery ordering and meal kit services, it seems like the inexorable tide of progress is determined to wipe out millions of jobs across the retail and grocery sectors. And those are just the new technologies getting the most press. Financial...
Supervalu Inc. announced it is acquiring Unified Grocers, a California-based wholesale grocery distributor, for about $375 million. The deal will enable Supervalu to expand its business to the West Coast. According to Chain Store Age, the deal, expected to close in mid-summer, joins two wholesale...
The grocery sector may be in for a few lean months, if not years. As noted across several web sources, including Seeking Alpha, a number of executives offering insight at several industry conferences have said that sales are sluggish and that, at least in some...
Supervalu has discovered a second data breach—a “separate intrusion” potentially launched by a different sets of cyberthieves—that hit many of its grocery stores. The chain did, however, report a silver lining: Security upgrades from the first attack minimized damage from the second attack. But it...
July 27, 2018
Potentially lessening its reliance on Whole Foods, United Natural Foods (UNFI) said that it would acquire SUPERVALU for $2.9 billion. As it stands, Whole Foods comprises about 33 percent of UNFI’s business, and the grocer’s contract with the distributor is set to end in 2025, CNBC reported. Through its intended acquisition of SUPERVALU, UNFI gains […]
April 12, 2017
Supervalu Inc. announced it is acquiring Unified Grocers, a California-based wholesale grocery distributor, for about $375 million. The deal will enable Supervalu to expand its business to the West Coast....
October 01, 2014
Supervalu has discovered a second data breach—a “separate intrusion” potentially launched by a different sets of cyberthieves—that hit many of its grocery stores. The chain did, however, report a silver...
August 25, 2014
More than 1,000 merchants have been hit by the Backoff malware, given that it was “detected in October 2013 and was not recognized by antivirus software until August 2014,” according...
