Bloomberg's sources say that KKR & Co., TPG Capital, Cerberus Capital Managment LP and billionaire Ron Burkle have expressed interest. Burkle and his company, Yucaipa Cos., helped A&P emerge from bankruptcy earlier this year.
Supervalu is the country's third largest grocery chain and has several retail banners, including pharmacies and a distribution business. In the last two years it has lost more than $2.5 billion over the past two fiscal years, and its market value has plummeted.
Many analysts continue to believe that Save-A-Lot may be Supervalu's most valuable asset, and the company's distribution business may also be attractive to buyers.