MoneyGram extends deal with US retailer Supervalu

Source: MoneyGram

MoneyGram International (NYSE:MGI), a leading global payment services company, and Supervalu (NYSE:SVU), a leading U.S. grocery retailer, announced today the renewal of a multi-year agreement to extend their alliance to offer MoneyGram money transfer services at more than 1,000 corporate-owned grocery outlets in 28 states.

"MoneyGram is excited to renew this important relationship with SUPERVALU, one of the largest grocery retailers in the United States, to provide our combined consumers with reliable and affordable money transfer services at more than 1,000 convenient locations," said Dan O'Malley, MoneyGram International executive vice president for the Americas. "As SUPERVALU has expanded, we've continued to introduce MoneyGram's services across many of their brands and today, we're the exclusive money transfer provider for SUPERVALU corporate locations."

Rich Juliano, SUPERVALU's group vice president, said, "We are pleased to continue to offer our customers a quality service with a global leader like MoneyGram. Our customers enjoy the convenience of managing their financial needs along with a full range of family needs, including selecting grocery and pharmacy products. MoneyGram's products extend our range of convenient services at a great value."

After years of offering MoneyGram money orders, SUPERVALU added money transfer services in 2002, and has grown to be MoneyGram's largest grocery agent. Today, MoneyGram services are available at the following SUPERVALU corporate stores: Acme, Albertsons, bigg's, Cub Foods, Farm Fresh, Hornbacher's, Jewel-Osco, Lucky, Shaw's/Star MarketTM, Shop'n Save and SHOPPERS.

MoneyGram services at SUPERVALU brands include money transfers, ExpressPayment urgent bill payment and money orders.


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