Activist investor pushes Supervalu to sell stores

October 26, 2017

Blackwells Capital, one of the 10 biggest shareholders in Supervalu, wants the company to sell dozens of its grocery stores and bring in new leadership. Shares in the grocery wholesaler and retailer have fallen 52 percent this year.

Recent News

Waffle House Workers Strike for Fair Pay and Better Working Conditions

Waffle House workers in Conyers, Georgia, are now on their third day of striking over what they call the company’s unfair policies. Led by the Union of Southern Service Workers (USSW), Waffle House employees are demanding an end to the mandatory “meal credit” deductions from their paychecks, along with better wages and improved working conditions.