Last updated on August 4th, 2016 at 02:50 pm
Supervalu reaffirmed Tuesday that it is preparing for a separation of its Save-A-Lot business. As part of that process, the Minneapolis-based company has pursued and continues to pursue a spinoff of Save-A-Lot. Supervalu says, however, that it is prepared to consider other alternatives to improve stockholder value and, in this regard, also is evaluating a possible sale of Save-A-Lot.
Supervalu operates 1,368 Save-A-Lot stores, of which 896 are operated by licensee owners.
Supervalu selects Oracle Cloud to provide expanded service offerings to customers
In other Supervalu news, the wholesaler has chosen Oracle Cloud as its new technology platform that will enable the company to deliver more robust business management and data analytics capabilities to its customers. With Oracle Cloud, Supervalu says it will be able to provide an integrated portfolio of enterprise-grade cloud services to enhance the performance of its human resources and finance functions.
“We have a terrific opportunity to deliver more professional services and back-end support to our existing wholesale customers, as well as leverage our scale and expertise to reach new customers,” said Randy Burdick, Supervalu’s EVP and chief information officer. “The Oracle Cloud provides us with a more robust infrastructure and a comprehensive solution that we believe will help us drive increased efficiencies, speed decision-making and enhance the overall customer experience. We’re excited to offer this solution to our customers as another example of how we’re using technology to further enhance their businesses for the future.”
Initially, Supervalu will implement Oracle ERP Cloud and Oracle HCM Cloud, part of a broad suite of modern Oracle Cloud applications that are integrated with social, mobile and analytic capabilities, resulting in improved process integration and more complete and impactful reporting. The Oracle Cloud provides an enhanced user experience via a simple, scalable and intuitive design that can be delivered to users on desktop, tablet and mobile applications. Supervalu will use Oracle HCM Cloud’s suite of talent and workforce management offerings designed to provide an engaging and collaborative HR experience to find and retain quality employees.
“Oracle Cloud provides Supervalu with a complete set of enterprise-grade cloud applications, offering both breadth and depth of functionality,” said Rondy Ng, SVP of applications development for Oracle. “Our integrated ERP and HCM cloud solutions are uniquely placed to cater to today’s changing business environment and enable our customers to modernize back-office operations and empower their people.”
Supervalu will begin a phase-in of these new Oracle Cloud offerings across three key parts of its business: internal administration of its wholesale distribution and retail grocery businesses as well as in services the company provides externally to its customers.
