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Save A Lot was founded in 1977 by Bill Moran as an alternative to larger supermarkets.
In 1978, General Grocer Company expanded the company's presence in the greater St Louis area.
With help from new licensees, in 1980 alone Save A Lot added 50 stores in the Mid-South region, and a warehouse in Jackson, Tennessee.
In 1984, Save A Lot purchased 75 similar format Jewel T stores and two distribution centers from Jewel in Florida and Pennsylvania.
In 1987, Save A Lot was purchased by St Louis-based food retailer and wholesaler Wetterau Inc, then owner of former sister stores Shop 'n Save.
In 1994, both the Save A Lot and Shop 'n Save banners became wholly owned subsidiaries of Supervalu Inc, one of the largest independent grocery wholesalers, and the owners of Cub Foods and Scott's Food & Pharmacy at the time.
Save A Lot expanded into Southern California with the purchase of 21 discount-grocery Sav U Foods stores, and a distribution center from the Fleming Companies in late 1996.
In 2002, Save A Lot acquired discount variety store chain Deals with 45 stores in the Midwest.
The Deal$ concept was expanded under Save A Lot to 138 stores by 2006.
In late 2009, newly hired Supervalu CEO Craig Herkert announced the goal to double the Save A Lot grocery store network to 2,400 locations within five years.
The company would open nearly 100 stores in 2010 with a major focus on the Southeastern United States.
In late 2010, Rite Aid became a licensed Save A Lot operator when it converted 10 of its existing pharmacies in the Greenville, South Carolina, area to co-branded "Save A Lot/Rite Aid" units.
In September 2012, Supervalu announced it would close 22 Save A Lot stores in seven states.
Several executive changes were made by Supervalu on March 4, 2013, including replacing Save-A-Lot CEO Roces with Ritchie Casteel.
In October 2016, SuperValu sold Save A Lot to Onex Corporation.
As of 2018, with the change of corporate ownership the overall corporate strategy shifted to focus all efforts on stateside store growth.
In April 2020, Save A Lot completed a recapitalization of the business with the company's lenders that canceled approximately $500 million in debt and provided a $350 million capital infusion to the company.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| 99 Cents Only Stores | 1982 | $2.1B | 17,000 | 9 |
| Walmart | 1962 | $681.0B | 2,300,000 | 44,469 |
| Fred's | 1947 | $1.3B | 7,324 | 25 |
| 7-Eleven | 1927 | $5.5B | 138,808 | 1,583 |
| QuikTrip | 1958 | $9.2B | 24,034 | 13 |
| Stop & Shop | 1914 | $15.2B | 82,001 | 14 |
| Giant Eagle | 1931 | $8.9B | 37,000 | 422 |
| ShopRite Supermarkets Inc. | 1951 | $630.0M | 3,000 | - |
| Pet Supplies Plus | 1988 | $825.0M | 25 | 689 |
| Duane Reade Holdings, Inc. | 1960 | $1.6B | 415,000 | 32 |
Zippia gives an in-depth look into the details of Save A Lot, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Save A Lot. The employee data is based on information from people who have self-reported their past or current employments at Save A Lot. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Save A Lot. The data presented on this page does not represent the view of Save A Lot and its employees or that of Zippia.
Save A Lot may also be known as or be related to Save A Lot, Save A Lot Food Stores Ltd and Save-A-Lot.