UNFI said it expects the deal to result in roughly $175 million in savings over three years and that it would divest itself of SuperValu's grocery stores.
[6] In 1971, the discount store chain ShopKo was acquired by SuperValu, Inc., and was spun off in 1991 to form a separate, publicly traded company.
SuperValu founded the clothing store County Seat in 1973 and sold it to Carson Pirie Scott in 1983.
In the early 1990s, SuperValu started acquiring several chains such as Scott's Food & Pharmacy in 1991, Wetterau, Inc. and its holdings Shop 'n Save and Save-A-Lot in 1992, and bigg's in 1994.
[8] On January 23, 2006, SuperValu announced that it, along with CVS Corporation and a collection of investors led by Cerberus Group, agreed to acquire Albertsons, Inc. for $9.7 billion.
[16] SuperValu would keep its Cub, Farm Fresh, Shoppers Food & Pharmacy and Shop ‘n Save brands as well as its wholesale supply operation while the Acme, Shaw's, Star Market, and Jewel-Osco stores were reunited with Albertsons.
On March 14, 2018 Supervalu announced it would be closing 21 of its 38 Farm Fresh locations, selling 18 to Kroger and 3 to Food Lion.
[20] In July 2016, it was announced that SuperValu had entered into a purchase agreement with Ahold and Delhaize Group for 22 Food Lion locations in Maryland, Pennsylvania, Virginia and West Virginia as part of the divestiture of stores to gain clearance from the Federal Trade Commission for the Ahold/Delhaize merger.
[24] The deal is expected to be finalized in late summer 2017, with the merger process then taking about two years to implement.
In addition, SuperValu is selling its Shop 'n Save stores in the Pittsburgh, Pennsylvania market as a result of being unable to compete with Walmart and fast-growing local chain Giant Eagle.
SuperValu will continue to supply all area FoodLand, Save-A-Lot and the independent Shop 'n Save locations of western Pennsylvania and northern West Virginia.
It remains to be seen whether SuperValu's tradition of dealing with small grocery businesses can be extended to these emerging markets.
[28] Cub Foods and its parent company, SuperValu, was the first grocer in Minnesota to be awarded LEED (Leadership in Energy and Environmental Design) Gold NC2.2 Certification for one of its stores.
[29] Albertsons was the first major retailer to earn a LEED Certification on their remodeled La Habra store.
[30] It features water saving faucets, over 40 skylights, "Night" curtains over open cold cases and LED lighting.
[31] In June 2002, SuperValu announced it would restate previous financial reports due to accounting irregularities uncovered at its pharmacy division.
On July 12, 2002, SuperValu lost a lawsuit over the use of improper accounting practices regarding the cost of goods sold for at least the previous four years, and paid a $4,000,000 settlement.