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Supervalu Cuts Store Staff in So. Calif.
FULLERTON, Calif. — The Southern California division of Albertsons here said Wednesday it plans to reduce its store-level workforce by an estimated 2,200 to 2,500 positions during the next few weeks — approximately 12% to 13% of the total workforce in the chain.
Albertsons is the largest retail subsidiary of Minneapolis-based Supervalu, with 247 stores in California and Nevada. It said the reduction is part of an effort to focus on simplifying its organization and reducing expenses to help reinvest in more customer-facing initiatives.
http://supermarketnews.com/retail-amp-financial/supervalu-cuts-store-staff-so-calif
This does not bode well.
