The Dayton Business Journal reports 120 people will lose their job when the Eden Prairie-based company consolidates the center. In February, Supervalu announced it was eliminating 800 jobs nationwide, including 200 workers in Minnesota.

Supervalu has pushed out CEO Craig Herkert from the struggling Eden Prairie-based supermarket chain, the Associated Press reports. Chairman Wayne Sales will take on the roles of president and chief executive officer as Supervalu explores a possible sale of its operations following disappointing quarterly results.

The job cuts are part of 800 layoffs around the country. Most of the Minnesota job cuts will occur at the grocery giant's corporate offices in Eden Prairie, though some workers at distribution centers and Cub Foods offices will also get pink slips. Store-level employees are not included in the downsizing.

Shares of the Eden Praire-based grocery retailer fell to an all-time low Thursday following news late Wednesday the company is exploring options that include putting itself up for sale. Supervalu is the third largest grocery company in the country, but has not turned an annual profit in three years.

The struggling Eden Prairie-based supermarket chain is trying to "retain and motivate key employees." Earlier this month, Supervalu suspended its dividend and is considering a sale of its operations. A regulatory filing shows CEO Craig Herkert, CFO Sherry Smith, executive vice president Janel Haugarth and EVP Andrew Herring were awarded non-qualified stock options and retention agreements as long as they stay with the company through 2014.

Eden Prairie-based Supervalu said it will reduce its workforce by cutting supermarket-level jobs at its Albertson's stores in California and Nevada. Albertsons is the largest retail subsidiary of the Supervalu, with 247 stores in the western United States. Supervalu owns a dozen supermarket chains, including Cub Foods in the Twin Cities.

The troubled Eden Prairie-based grocery-store chain is expected to provide prospective buyout firms financial information later this week, the Wall Street Journal reports. Last week, Supervalu hired Goldman Sachs to explore selling either part or all of its supermarket operations after it reported a plunge in quarterly profit.

Minneapolis-based Target and Richfield-based Best Buy closed roughly 200 stores on the east coast because of Hurricane Sandy on Monday. Eden Prairie-based Supervalu closed about 20 of its Acme Market stores.