Supervalu commits to selling 100% cage-free eggs by 2025

Supermarket chain Supervalu inc. said Tuesday it will switch to selling 100% cage-free eggs at its grocery stores by 2025, or sooner. The company said cage-free eggs currently account for nearly 12% of its total grocery retail egg sales. The transition will take time because of the low availability of cage-free eggs, it said in a statement. In August, Supervalu’s Wild Harvest committed to selling 100% cage-free eggs by the end of 2015, a goal that it has achieved. The company said it would provide annual reports on its progress. Shares were trading down 2%, and are down about 52% in the last 12 months, while the S&P 500 has lost 1.4%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

…read more

From:: Stock Market News

Leave a Reply