SUPERVALU to Transition to 100 Percent Cage-Free Eggs at Its Grocery Retail Banners by 2025

Loading...
Loading...
MINNEAPOLIS--(BUSINESS WIRE)--

SUPERVALU INC. SVU today announced that it plans to transition to selling 100 percent cage-free eggs at its grocery retail banners by 2025 or sooner based on available supply, affordability and customer demand. Currently, cage-free eggs account for nearly 12 percent of the company's total grocery retail egg sales.

"Our decision to move toward selling only cage-free eggs reflects our ongoing commitment to improving animal welfare practices across the industry," said Mark Van Buskirk, SUPERVALU's executive vice president, merchandising, marketing and retail. "Because there is currently a limited supply of cage-free eggs, the transition will take time. We will continue to work with our suppliers to move as quickly as possible toward a sustainable, 100 percent cage-free egg supply chain."

In August 2015, SUPERVALU announced that all of its Wild Harvest shell egg products would be cage-free by the end of last year. Today, the Wild Harvest brand sells only 100 percent cage-free eggs.

"Our national Wild Harvest brand was a natural starting point for understanding customer interest and support for cage-free eggs," said Van Buskirk. "We also offer additional store brand assortments that are 100 percent cage-free, and as the available supply increases, we will continue to expand our cage-free egg offerings."

The company plans to report annually on its progress toward a 100 percent cage-free egg offering.

About SUPERVALU
SUPERVALU INC. is one of the largest grocery wholesalers and retailers in the U.S. with annual sales of approximately $18 billion. SUPERVALU serves customers across the United States through a network of 3,407 stores composed of 1,871 independent stores serviced primarily by the company's food distribution business; 1,336 Save-A-Lot stores, of which 883 are operated by licensee owners; and 200 traditional retail grocery stores (store counts as of December 5, 2015). Headquartered in Minnesota, SUPERVALU has approximately 40,000 employees. For more information about SUPERVALU, visit www.supervalu.com.

SUPERVALU INC.
Jeff Swanson, 952-903-1645
jeffrey.s.swanson@supervalu.com

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...