MINNEAPOLIS - Approximately 800 jobs are being eliminated at Minneapolis-based Supervalu, the company announced Tuesday.
The cuts affect all company offices and crosses most departments within the organization, the announcement said. A majority of the eliminations will take place by February 25. The eliminations include both current positions and open jobs that will not be filled.
Supervalu says the news will affect 200 Twin Cities employees across all departments. The move does not affect any of the grocery store associates.
"These reductions are necessary to help further strengthen and accelerate Supervalu's business turnaround in a very competitive marketplace," said Craig Herkert, Supervalu's chief executive officer and president. "While the announcement of a workforce reduction is difficult news to share, due to its direct impact on our associates, these changes will allow us to better connect with customers and put more authority in the hands of people who interact more closely with our customers."
Late last year, Supervalu sold 107 of its 134 gas stations in an effort to free up cash.
The company owns Supervalu stores, Cub Foods, Albertsons and other regional grocery store chains.
Supervalu ranked 61st in 2011's Fortune 500 list.
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