1.0
21 Jan 2011
Anonymous employee
Current employee
Recommend
CEO approval
Business outlook
Pros
SUPERVALU usually takes longer to make decisions, sometimes it's not that bad after all. It takes the company 3 months to finalize the layoff plan and usually it will give an employee 2 months after the layoff notification.
Cons
The company continues to miss the street estimates quarter after quarter with consecutive write-offs) and the sales just can't be turned around (even the heavily focused growth area of Save-A-Lot is showing flat ID store sales). The bonus plan has been revised twice in 1/2 year, but the company performance still won't meet the target. It announced closure of stores and 10% reduction in corporate staff. It continues to lose employee and top management talents.