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Supervalu (SVU -1.2%) subsidiary Shaw Supermarkers will reduce its workforce by 700 positions...
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Friday, November 2, 2012, 9:44 AM ETSupervalu (SVU -1.2%) subsidiary Shaw Supermarkers will reduce its workforce by 700 positions this month. The company is in the position of needing to trim itself with margins compressing due to competition from specialty stores and big retailers amid higher costs.
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This news story has 3 comments:
Let's hope we see many more 'trimmings' in the near future for all SVU units.