Content about Save-A-Lot

March 4, 2014

Ahold USA has appointed Tom Lenkevich as president of the company’s Giant/Martin's division, effective March 4, reporting to Bhavdeep Singh, EVP operations, Ahold USA.

January 9, 2014

Supervalu reported net earnings of $31 million during the third quarter of fiscal 2014, almost double the net earnings of $16 million reported in the same quarter of the prior fiscal year. This dramatic increase came even as net sales slipped 1% to $4.1 billion from $4.5 billion.

October 17, 2013

Supervalu’s renewed focus on driving sales and cash in all segments of its business seem to be paying off. The company has been working toward turning identical sales positive and posted net sales of $3.95 billion for the second quarter ended Sept. 7, up 0.2% from $3.94 billion for the prior-year quarter.

July 24, 2013

Supervalu has appointed former OfficeMax executive Bruce Besanko as its EVP and CFO, effective August 7.

July 18, 2013

Supervalu reported net sales of $5.2 billion for the first quarter of fiscal 2014, down 1.5%, and net earnings of $85 million, or $0.34 per diluted share.

April 26, 2013

Supervalu has elected Rite Aid chairman, president and CEO John Standley and Cerberus COO and general counsel Mark A. Neporent to its board of directors.

April 25, 2013

Supervalu reported sales of $3.89 billion and a loss of $1.41 billion in fourth quarter 2013, compared with sales of $3.98 billion and a loss of $424 million in fourth quarter 2012.

March 22, 2013

Supervalu announced that Janel Haugarth who will remain with the company as EVP and president of independent business and supply chain services.

March 4, 2013

Supervalu has named new leadership at the executive and banner retail level.

February 4, 2013

Supervalu has named Sam Duncan president and CEO.

January 10, 2013

In a move that will reunite all Albertsons stores under one operator, Supervalu on Thursday morning announced a definitive agreement under which it will sell 877 stores across the Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market banners and related Osco and Sav-on in-store pharmacies to AB Acquisition, an affiliate of Cerberus Capital Management, in a transaction valued at $3.3 billion.

July 27, 2012

Save-A-Lot is raising awareness for its stores as a destination for affordable food with the help of two contest winners. Molly Stankovsky and Alex Frecon, who won a national competition, will lead the retailer's "2012 Fuel Your Family Road Trip" across 18 cities in 30 days.

June 11, 2012

Save-A-Lot, a wholly owned subsidiary of Supervalu, on Monday launched a national search for a team of two interns to serve as brand ambassadors — or more aptly titled Road Scholars — for its 2012 Fuel Your Family Road Trip campaign.

May 17, 2012

Supervalu is bringing its Save-A-Lot banner to Atlantic City, N.J.

February 7, 2012

Supervalu continues to implement its strategic plan to remove permanent expenses and cut down operating costs with plans to reduce its national work force by an estimated 800 positions.

October 25, 2011

At an event Tuesday in Chicago, Supervalu announced that it will open a Save-A-Lot store in the Lawndale neighborhood of Chicago, bringing thae total number of Save-A-Lot stores in the Chicagoland area to 14.

August 10, 2011

Save-A-Lot, the hard-discount, limited-assortment grocery chain owned by Supervalu, on Tuesday dispatched two "brand ambassadors" on the Save-A-Lot Fuel Your Family Road Trip.

July 26, 2011

Supervalu on Tuesday reported first-quarter fiscal 2012 net sales of $11.1 billion (down 3.7%, versus last year) and net earnings of $74 million (up 10.4%), or 35 cents per diluted share.

May 12, 2011

Supervalu banner Save-A-Lot has appointed a new leader, replacing company veteran Bill Shaner, who has lead the division since 2006.

May 3, 2011

Supervalu detailed its strategic plan to deliver profitable growth in the future for shareholders at an investor event May 3.

February 22, 2011

Save-A-Lot on Monday announced that it was expanding its reach by opening five new stores in the Chicago market.

January 11, 2011

There were three takeaways to come out of Supervalu’s third-quarter analyst call Tuesday morning: the deep discount banner Save-A-Lot will be the most significant catalyst for growth going forward; Supervalu aggressively is addressing pricing issues that have had consumers who are more accustomed to the “hi” in the grocer’s "hi-lo" pricing strategy shopping elsewhere; and while traditional Supervalu banners ACME, Shaw’s and even Jewel-Osco do not have a “For Sale” sign on their respective front lawns, at least not yet, they can be had for the right price.

July 20, 2010

Save-A-Lot announced that it has teamed up with Hispanic grocery operator Rafael Ortega to form...

July 20, 2010

Save-A-Lot announced that it has teamed up with Hispanic grocery operator Rafael Ortega to form...

© 2014 Retailing Today. All Rights Reserved.