![\"super](\"http:\/\/www.chainstoreguide.com\/email\/supervalue_insight2016.jpg\")
<\/a><\/p>\nSource:\u00a0Chain Store Guide\u2019s<\/strong>\u00a0Database of Supermarket, Grocery and Convenience Store Chains. *CSG Projection.<\/strong>\u00a0Estimated growth is based on proprietary trend analysis and company comments. Actual figures are subject to change. This data is not intended for investment decisions.<\/em><\/p>\n The billion-plus in cash will go to paying down debt at Supervalu (a priority for the company) and an argument can be made that a stand-alone Save-A-Lot will have greater freedom to grow. However, Save-A-Lot has been the relative bright spot in the Supervalu portfolio in recent years that has seen other retail sales stagnate and the wholesale business decline.<\/p>\n Source:\u00a0Chain Store Guide\u2019s<\/strong>\u00a0Database of Supermarket, Grocery and Convenience Store Chains. *CSG Projection.<\/strong>\u00a0Estimated growth is based on proprietary trend analysis and company comments. Actual figures are subject to change. This data is not intended for investment decisions.<\/em><\/p>\n The Q2 earnings release that accompanied the announcement didn\u2019t place the company in any better light. Wholesale business is off 6.7% for the first half of the year while non-Save-A-Lot retail sales are -3.9% for the same period. Save-A-Lot sales, in contrast, have been basically flat (-0.3%).<\/p>\n Supervalu has couched the sale as a way for it to redouble its efforts to grow its wholesale business, and what else can be said when debts must be paid and an $8 billion business needs a boost.<\/p>\n","protected":false},"excerpt":{"rendered":" Supervalu Inc. announced this week that it has agreed to sell its Save-A-Lot business to private equity Onyx Corporation for $1.365 billion. The move comes as a slight surprise to many observers who expected Supervalu to divest itself of the 1,360-unit supermarket chain by spinning it off and taking it public. All things being equal,… Continue reading The Shape of Supervalu after Save-A-Lot<\/span><\/a><\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"post-template-no-sidebar.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[16],"tags":[17],"class_list":["post-7987","post","type-post","status-publish","format-standard","hentry","category-grocery-convenience","tag-csg-exclusive","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/7987","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/comments?post=7987"}],"version-history":[{"count":0,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/7987\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media?parent=7987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/categories?post=7987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/tags?post=7987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"super](\"http:\/\/www.chainstoreguide.com\/email\/supervalue2_insight2016.jpg\")
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