Roundy’s Turns Wholesale Accounts Over to Supervalu
By George Anderson
Roundy’s chairman and chief executive, Robert Mariano, clearly sees the future of his company is in retailing. His counterpart at Supervalu, Jeff Noddle, is apparently happy to help accommodate him as his company agreed to take over distribution for 50 independent grocers in Wisconsin who have been supplied by Roundy’s.
Roundy’s will continue to supply independents operating its Pick ‘n Save format stores.
“This transition is consistent with our strategy to concentrate our resources on growing our own retail stores and independently owned and operated Pick ‘n Save retailers,” said Mr. Mariano in a joint release with Supervalu.
Mr. Noddle added, “We are eager to introduce to them the wide range of supply chain services and leading-edge technology solutions in which Supervalu continues to invest.”
Moderator’s Comment: What does this deal do for Roundy’s and Supervalu? What are your thoughts on the future direction of these two grocery companies?
– George Anderson – Moderator