Deals
Retailer Supervalu Is Working With Adviser on Possible Sale
- Industry has been rattled by Amazon deal for Whole Foods
- Activist investor Blackwells started proxy fight at retailer
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Retailer Supervalu Inc. is working with an adviser to consider options including a potential sale, according to people familiar with the matter.
Supervalu is mainly a grocery wholesaler, providing products to more than 1,800 stores. The company also operates almost 200 locations after selling most of its brick-and-mortar operations in recent years. Its private label brands include Wild Harvest, for gluten-free diets, and Stone Ridge Creamery ice cream.