Content about Save-A-Lot

January 10, 2013
Kimco Realty part of Supervalu deal

In the much-watched deal between Supervalu and a consortium of investors led by Cerberus Capital Management, Kimco Realty Group – along with several other real estate companies — has emerged as a player.

January 10, 2013
Supervalu in deal with private-investor group led by Cerberus

Supervalu Inc. announced that it has reached a deal to sell its Albertsons, Acme, Jewel-Osco, Shaw's and Star Market stores and related Osco and Sav-on in-store pharmacies to a private equity group in a transaction valued at $3.3 billion.

August 8, 2012
Save-A-Lot to open two stores in August

Discount grocer Save-A-Lot announced the openings of two grocery stores, one in Orange Park, Fla., and the other in Waveland, Miss.

July 12, 2012
Supervalu Q1 profit plunges, initiates strategic review

Grocery giant Supervalu Inc. reported for the quarter ended June 16 plummeted 45% to $41 million, compared with $74 million in the year-ago period.

May 18, 2012
Save-A-Lot opens in Atlantic City

Discount grocer Save-A-Lot, a wholly-owned subsidiary of Supervalu, opened its first store in Atlantic City, N.J., on May 17, becoming the first full-service grocery store within a 21-mile radius of the city.

April 10, 2012
Supervalu swings to Q4 loss; will open 50 Save-A-Lots this year

Supervalu Inc. reported that it swung to a loss of $424 million in the quarter ended Feb. 25, compared with a $95 million gain a year earlier.

February 22, 2012
Sav-A-Lot to open 13 stores in February/March

Save-A-Lot, a wholly owned subsidiary of Supervalu, will open 13 stores in February and March.

November 29, 2011
Save-A-Lot opens DC in North Carolina

Grocer Save-A-Lot, a subsidiary of SuperValu, said Tuesday it will open a 330,000-sq.-ft. distribution center in Lexington, N.C., on Nov. 30.

October 19, 2011
SuperValu returns to profit in Q2; on track to open 80 to 90 Save-A-Lot stores

Minneapolis -- SuperValu reported net income of $60 million for its fiscal second quarter, compared with a year-ago loss of $1.47 billion that was the result of one-time charges. Although the company’s results beat analysts' estimates, it cut the high end of its fiscal 2012 earnings.

Revenue dropped 3% to $8.43 billion from $8.66 billion, but still beat Wall Street's estimate of $8.36 billion.

October 10, 2011
Save-A-Lot to anchor Cleveland redevelopment

CenterMark Development LLC announced that Save-A-Lot Food Stores, along with the Ohio debut of discount apparel retailer Forman Mills, will anchor The Shops at Garrett Square.

July 26, 2011
Looking ahead, Supervalu emphasizes 'hyper-local retailing'

Supervalu president and CEO Craig Herkert on Tuesday spoke of the company’s “hyper-local retailing” concept during a conference call with analysts and reported by Retailing Today.

May 3, 2011
Report: SuperValu to open 160 Save-A-Lot stores in 2011

SuperValu plans to increase the footprint of its value division Save-A-Lot by 160 new stores this year, GlobeSt.com reported.

April 28, 2011
Report: SuperValu to open 160 Save-A-Lot stores in 2011

SuperValu plans to increase the footprint of its value division Save-A-Lot by 160 new stores this year, GlobeSt.com reported.

April 14, 2011
Supervalu Q4 profit beats Street, will remodel 55 to 75 units in 2011

Supervalu reported Thursday that net income for the quarter ended Feb. 26 slipped 2% to $95 million, compared with $97 million in the year-ago period, but results still beat Wall Street expectations.

February 22, 2011
Save-A-Lot to open five Chicagoland stores

Discount grocer Save-A-Lot said Monday it will open five new stores in Chicago’s South Side neighborhoods, nearly doubling its store counts in the area.

January 20, 2011
Save-A-Lot breaks ground on new DC

Grocery retailer Save-A-Lot announced Thursday it will break ground on a new 325,000-sq.-ft. food distribution center in Lexington, N.C.

January 20, 2011
Save-A-Lot breaks ground on new DC

Grocery retailer Save-A-Lot announced Thursday it will break ground on a new 325,000-sq.-ft. food distribution center in Lexington, N.C.

January 18, 2011
Dollar Tree doubles size in Temple Terrace for Deal$ concept

RMC Property Group said that Dollar Tree has signed a lease to expand and relocate its store within the Temple Terrace Shopping Center, located in Tampa, Fla.

October 11, 2010
Five co-branded Save-A-Lot Food Stores/Rite Aid Pharmacy stores open in Greenville, S.C.

Five co-branded Save-A-Lot Food Stores/Rite Aid Pharmacy stores opened Tuesday in Greenville, S.C....

October 11, 2010
Five co-branded Save-A-Lot Food Stores/Rite Aid Pharmacy stores open in Greenville, S.C.

Five co-branded Save-A-Lot Food Stores/Rite Aid Pharmacy stores opened Tuesday in Greenville, S.C....

September 6, 2010
Rite Aid to add Save-A-Lot in-store grocery departments

Rite Aid Corp. said Tuesday that it has forged an agreement with Save-A-Lot, a SuperValu...

July 20, 2010
Save-A-Lot aligns with Hispanic operator to open Houston, South Texas stores

Grocery operator Save-A-Lot said Wednesday it has joined with Hispanic grocery operator Rafael Ortega to...

June 1, 2010
Supervalu names exec VP market, real estate development

Supervalu has named J. Andrew Herring as its new executive VP market and real estate...

May 24, 2010
Save-A-Lot to expand in urban areas

Supervalu’s discount grocer Save-A-Lot unit plans to expand in urban areas, according to a Bloomberg...

May 24, 2010
Save-A-Lot to expand in urban areas

Supervalu’s discount grocer Save-A-Lot unit plans to expand in urban areas, according to a Bloomberg...

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