1.0
Jan 21, 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.