FORTUNE 500

Our annual ranking of America's largest corporations

47 of 500

47. Supervalu

Rank: 47 (Previous rank: 51)
CEO: Craig R. Herkert
Compare tool: Supervalu vs. Top 10

Last year was hardly super for the country's fourth largest grocer. While rivals were luring consumers with price cuts, Supervalu and its Bristol Farms and Jewel-Osco brands, didn't adapt to the intensified competition. Nor did it benefit from synergies touted in its 2006 acquisition of Albertson's: Its supply chain business was 50% of revenue prior to the union.

Tackling these challenges is new CEO Craig Herkert's job. Hired away from Wal-Mart, though he spent 23 years at Albertson's, Herkert plans to focus on the company's economical Save-A-Lot stores and push profitable private-label brands everywhere else. --J.S.

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Is Supervalu a great company, or what?

Key financials	$ millions	% change from 2008
Revenues	44,564.0	1.2
Profits	-2,855.0	-581.5
Assets	17,604.0	—
Stockholders' equity	2,581.0	—
Market value (3/26/2010)	3,438.7	—

Profits as % of
Revenues	-6.4
Assets	-16.2
Stockholders' equity	-110.6

Earnings per share
2009 $	-13.51
% change from 2008	-589.5
1999-2009 annual growth rate %	N.A.

Total return to investors	%
2009	-8.8
1999-2009 annual rate	-1.7

Industry: Food and Drug Stores

Rank	Company	500 rank	Revenues ($ millions)
1	CVS Caremark	18	98,729.0
2	Kroger	23	76,733.2
3	Walgreen	32	63,335.0


4	Supervalu	47	44,564.0
5	Safeway	52	40,850.7
6	Rite Aid	89	26,289.5
7	Publix Super Markets	99	24,515.0
8	Great Atlantic & Pacific Tea	247	9,516.2
9	Whole Foods Market	284	8,031.6
10	Winn-Dixie Stores	306	7,367.0

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Issue date: May 3, 2010.

Figures are for fiscal year ended Feb. 28, 2009.

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