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Supervalu to serve as grocery wholesaler for The Fresh Market

Aug. 15, 2016 7:01 AM ETSUPERVALU Inc. (SVU) StockSVUBy: Clark Schultz, SA News Editor6 Comments
  • Supervalu (NYSE:SVU) announces that it reached a long-term supply agreement with The Fresh Market to serve as a grocery wholesaler and distributor.
  • In its role as grocery wholesaler, Supervalu will supply The Fresh Market with traditional and signature grocery products across a range of categories including meat, deli, bakery, grocery, frozen foods, and dairy.
  • Supervalu will become The Fresh Market’s primary distributor upon the transition of The Fresh Market’s current distributor relationships. The company anticipates it will begin serving some of The Fresh Market’s stores in the fall and will take on additional stores as the transition continues.
  • Source: Press Release

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