Amid pressure from activist investors and its continuing focus on its wholesale ops, Supervalu is putting another of its grocery brands on the selling block. The grocery wholesaler and retailer announced it is pursuing the sale of its corporately owned and operated Shop 'n Save banner, whose two divisions operate stores in St. Louis, West Virginia, Maryland, Pennsylvania and Virginia. The company recently announced plans to sell its Farm Fresh banner. (After the sales, Supervalu's retail banners will include Cub Foods, Hornbacher's and Shoppers. Supervalu also said it is selling eight of its distribution centers. The centers, which together account for some 5.8 million sq. ft., are being sold to an undisclosed buyer for approximately $483 million. Supervalu will enter into lease-back agreements for each of the centers after the sale. (In October, activist shareholders, including Blackwells Capital, urged Supervalu to unlock the value of its owned real estate.)