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  • Northcoast Research Holdings doesn't believe Supervalu (SVU) will end up being sold in one piece as reported earlier. A more likely scenario will be to see the grocery store operator broken up into pieces and sold off to unlock more value, according to the firm. SVU +10.4% premarket. [View news story]
    There is value in every piece of SVU. The distribution centers are very valuable to the right player. The banners Acme , Jewel, Shaws
    Cub , Albertsons etc. these are all valuable . Each banner may sell separately . I believe some of the banners will be sold then split up to maximize profits. The fact is SVU isn't running these chains correctly. They did well with distribution centers and Sav-A-Lots. They are over their heads dealing with the chains . The right owner would turn individual chains into winners again .
    I am long SVU . There is money to be made .
    Aug 24, 2012. 01:35 PM | 1 Like Like |Link to Comment
  • Supervalu (SVU) names Wayne Sales as its new President and CEO to replace Craig Heckert. The aptly named Sales has been a non-executive chairman of the board since 2010. Shares of SVU +1.5% premarket.  [View news story]
    I have spent over 40 years in retail food management . Craig had to go there was no other possible choice. Pete VanHelden left a few months ago as a sacrificial lamb. That was a mistake .
    Jul 30, 2012. 11:24 AM | Likes Like |Link to Comment
1 Like