Content about Shaw's and Star Market

March 26, 2013
Supervalu planning major job cuts

Supervalu announced plans to eliminate about 1,100 positions nationwide, or about 3% of its national workforce.

March 21, 2013
Supervalu sale complete

Supervalu has completed the sale of its Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market stores and related Osco and Sav-on in-store pharmacies to AB Acquisition LLC, an affiliate of a Cerberus Capital Management-led investor consortium, in a stock deal valued at $3.3 billion, including $100 million in cash and $3.2 billion in debt assumption.

February 22, 2013
Albertsons appoints division presidents

Albertsons named the division presidents who will lead the 877 stores it will acquire from Supervalu after the purchase agreement closes next month, the company said.

January 10, 2013
Supervalu splits in half

In a move that will reunite all Albertsons stores under one operator, Supervalu on Thursday morning announced a definitive agreement under which it will sell 877 stores across the Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market banners and related Osco and Sav-on in-store pharmacies to AB Acquisition, an affiliate of Cerberus Capital Management, in a transaction valued at $3.3 billion.

November 5, 2012
Supervalu cuts 700 jobs at Shaw's

Supervalu has cut about 700 store-level positions at its Shaw's and Star Market stores in New England.

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