Cub Foods Announces New Leadership in Cub East; New Senior Vice President Brings Chicago-Area Experience

Apr 17, 2001, 01:00 ET from SUPERVALU INC.

    MINNEAPOLIS, April 17 /PRNewswire/ --
     SUPERVALU INC. (NYSE:   SVU) announced today that Ed McManus has been named
 senior vice president of Cub East, the price superstore's Eastern Division,
 with 51 Cub Foods stores in Illinois, Indiana and Wisconsin.  McManus begins
 his position immediately, reporting to John Hooley, SUPERVALU corporate senior
 vice president, and president and chief executive officer, Cub Foods.
     "With his in-depth knowledge of the Chicago market and substantial
 credentials in food retailing, Ed brings a wealth of experience that will
 serve Cub well throughout our Eastern Division," Hooley said.  "Ed will shape
 the division, which recently has experienced a growth spurt in Chicago to
 27 stores."
     According to Hooley, "McManus will be strengthening his regional retail
 team, to ensure that decisions at every level are made with a strong local
 market view.  A successful retail organization relies on strong presence in
 the market where it operates.  Ed and the Cub East team, which now will
 include a regional market merchandising presence, will provide a dynamic,
 focused and winning combination.  Our growth and these management changes
 reinforce our previously stated commitment to the Chicago market."
     McManus most recently was corporate vice president, merchandising,
 SUPERVALU retail food companies, a position he held since November 2000.  He
 joined the company in March 2000 as vice president of SUPERVALU Drug Stores.
     Before coming to SUPERVALU, McManus spent 21 years with American Stores
 Company, where he served as president of Jewel-Osco in Chicago from 1995 to
 1997.  He also held other leadership positions in Jewel-Osco, including
 logistics management, distribution management, and store operations.
     McManus has a bachelor's degree in business administration from Western
 Illinois University.
     SUPERVALU, with annual sales of $23.2 billion as of Feb. 24, 2001, is the
 10th largest supermarket retailer in the country and the largest distributor
 to grocery retailers.  The company operates or licenses 1,194 stores,
 principally price/value supermarkets under its Cub, Shop 'n Save, and bigg's
 banners, and limited assortment stores under the Save-A-Lot banner.  There are
 144 Cub Foods stores operating in 12 states, including 89 corporate-owned and
 55 franchised units.  SUPERVALU serves as the primary supplier to about 3,200
 supermarkets and is the secondary supplier to approximately 2,250 stores.
 
     Forward-looking statements in this news release, if any, are made under
 the safe harbor provisions of the Private Securities Litigation Reform Act of
 1995.  SUPERVALU does not undertake to update forward-looking statements made
 in this news release to reflect actual results, changes in assumptions or
 changes in other factors affecting such forward-looking statements.  Certain
 important factors could cause results to differ materially from those
 anticipated by the forward-looking statements, including the impact of
 changing economic or business conditions, the impact of competition, the
 nature and extent of the consolidation of the retail food and food
 distribution industries, the ability to attract and retain customers for the
 company's food distribution operations and to control food distribution costs,
 the execution of restructuring activities, the availability of favorable
 credit and trade terms, food price changes, other risk factors inherent in the
 food wholesaling and retail businesses and other factors discussed from time
 to time in reports filed by the company with the Securities and Exchange
 Commission.
 
 

SOURCE SUPERVALU INC.
    MINNEAPOLIS, April 17 /PRNewswire/ --
     SUPERVALU INC. (NYSE:   SVU) announced today that Ed McManus has been named
 senior vice president of Cub East, the price superstore's Eastern Division,
 with 51 Cub Foods stores in Illinois, Indiana and Wisconsin.  McManus begins
 his position immediately, reporting to John Hooley, SUPERVALU corporate senior
 vice president, and president and chief executive officer, Cub Foods.
     "With his in-depth knowledge of the Chicago market and substantial
 credentials in food retailing, Ed brings a wealth of experience that will
 serve Cub well throughout our Eastern Division," Hooley said.  "Ed will shape
 the division, which recently has experienced a growth spurt in Chicago to
 27 stores."
     According to Hooley, "McManus will be strengthening his regional retail
 team, to ensure that decisions at every level are made with a strong local
 market view.  A successful retail organization relies on strong presence in
 the market where it operates.  Ed and the Cub East team, which now will
 include a regional market merchandising presence, will provide a dynamic,
 focused and winning combination.  Our growth and these management changes
 reinforce our previously stated commitment to the Chicago market."
     McManus most recently was corporate vice president, merchandising,
 SUPERVALU retail food companies, a position he held since November 2000.  He
 joined the company in March 2000 as vice president of SUPERVALU Drug Stores.
     Before coming to SUPERVALU, McManus spent 21 years with American Stores
 Company, where he served as president of Jewel-Osco in Chicago from 1995 to
 1997.  He also held other leadership positions in Jewel-Osco, including
 logistics management, distribution management, and store operations.
     McManus has a bachelor's degree in business administration from Western
 Illinois University.
     SUPERVALU, with annual sales of $23.2 billion as of Feb. 24, 2001, is the
 10th largest supermarket retailer in the country and the largest distributor
 to grocery retailers.  The company operates or licenses 1,194 stores,
 principally price/value supermarkets under its Cub, Shop 'n Save, and bigg's
 banners, and limited assortment stores under the Save-A-Lot banner.  There are
 144 Cub Foods stores operating in 12 states, including 89 corporate-owned and
 55 franchised units.  SUPERVALU serves as the primary supplier to about 3,200
 supermarkets and is the secondary supplier to approximately 2,250 stores.
 
     Forward-looking statements in this news release, if any, are made under
 the safe harbor provisions of the Private Securities Litigation Reform Act of
 1995.  SUPERVALU does not undertake to update forward-looking statements made
 in this news release to reflect actual results, changes in assumptions or
 changes in other factors affecting such forward-looking statements.  Certain
 important factors could cause results to differ materially from those
 anticipated by the forward-looking statements, including the impact of
 changing economic or business conditions, the impact of competition, the
 nature and extent of the consolidation of the retail food and food
 distribution industries, the ability to attract and retain customers for the
 company's food distribution operations and to control food distribution costs,
 the execution of restructuring activities, the availability of favorable
 credit and trade terms, food price changes, other risk factors inherent in the
 food wholesaling and retail businesses and other factors discussed from time
 to time in reports filed by the company with the Securities and Exchange
 Commission.
 
 SOURCE  SUPERVALU INC.