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SUPERVALU® Announces Partnership With The “Better Buildings Challenge” At White House Event With President

Stocks in this article: SVU

“I am honored to attend today’s event and thrilled at our ongoing efforts around environmental stewardship,” said Herkert. “We appreciate the leadership shown by the Obama Administration and the Clinton Global Initiative and are committed to leading our industry through ongoing investments in projects that create energy efficient stores, offices and distribution centers.”

The Better Buildings Challenge is a leadership initiative launched in February by President Obama. It is spearheaded by former President Clinton and the President’s Council on Jobs and Competitiveness to support job creation by catalyzing private sector investment in commercial and industrial building energy upgrades to make America’s buildings 20 percent more efficient over the next decade, reducing energy costs for American businesses by nearly $40 billion.

About SUPERVALU INC.

SUPERVALU INC. is one of the largest companies in the U.S. grocery channel with annual sales of approximately $37 billion. SUPERVALU serves customers across the United States through a network of approximately 4,300 stores composed of 1,106 traditional retail stores, including 800 in-store pharmacies; 1,294 hard-discount stores, of which 915 are operated by licensee owners; and 1,900 independent stores serviced primarily by the company's traditional food distribution business. SUPERVALU has approximately 135,000 employees. For more information about SUPERVALU, visit http://www.supervalu.com.

For official company news, follow us on Twitter: www.twitter.com/supervaluPR



Copyright Business Wire 2010
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