Supervalu sees growth for its Save-A-Lot banner
Eden Prairie, Minn. Supervalu's new CEO Craig Herkert said he sees more growth potential in the Save-A-Lot discount chain than in the grocery giant's local flagship, Jewel-Osco.
The former Wal-Mart executive wants to bulk up Supervalu's presence in the increasingly crowded Chicago-area grocery business. But he's aiming to do it by adding Save-A-Lots -- not Jewel stores -- to the mix.