Supervalu to cut 800 jobs nationwide - WAOW - Newsline 9, Wausau News, Weather, Sports

Supervalu to cut 800 jobs nationwide


MINNEAPOLIS (AP) -- Supervalu Inc. plans to cut 800 positions nationwide as the supermarket chain tries to lower its costs.

The company, based in Minneapolis, has approximately 135,000 employees in total. It said Tuesday that the majority of the reductions will be complete by the end of February.

The cuts include both currently filled and open jobs across most departments within its organization, although store-level employees are generally not affected.

Supervalu said the move is part of its larger strategy to reduce its expenses as the company continues its more than yearlong turnaround effort. The company has closed a number of stores, cut costs and put a heavier emphasis on its discount chain Save-A-Lot and tailoring its other stores to a more local level.


(Copyright 2012 by The Associated Press. All Rights Reserved.)

APNP-02-07-12 1232CST

Powered by Frankly