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Save A Lot company history timeline

1977

Save A Lot was founded in 1977 by Bill Moran as an alternative to larger supermarkets.

1978

In 1978, General Grocer Company expanded the company's presence in the greater St Louis area.

1980

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.

1984

In 1984, Save A Lot purchased 75 similar format Jewel T stores and two distribution centers from Jewel in Florida and Pennsylvania.

1987

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.

1994

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.

1996

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.

2002

In 2002, Save A Lot acquired discount variety store chain Deals with 45 stores in the Midwest.

2006

The Deal$ concept was expanded under Save A Lot to 138 stores by 2006.

2009

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.

2010

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.

2012

In September 2012, Supervalu announced it would close 22 Save A Lot stores in seven states.

2013

Several executive changes were made by Supervalu on March 4, 2013, including replacing Save-A-Lot CEO Roces with Ritchie Casteel.

2016

In October 2016, SuperValu sold Save A Lot to Onex Corporation.

2018

As of 2018, with the change of corporate ownership the overall corporate strategy shifted to focus all efforts on stateside store growth.

2020

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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Founded
1977
Company founded
Headquarters
Saint Ann, MO
Company headquarter
Founders
Bill Moran,Chase Gabbard
Company founders
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Save A Lot competitors

Company nameFounded dateRevenueEmployee sizeJob openings
99 Cents Only Stores1982$2.1B17,0009
Walmart1962$681.0B2,300,00044,469
Fred's1947$1.3B7,32425
7-Eleven1927$5.5B138,8081,583
QuikTrip1958$9.2B24,03413
Stop & Shop1914$15.2B82,00114
Giant Eagle1931$8.9B37,000422
ShopRite Supermarkets Inc.1951$630.0M3,000-
Pet Supplies Plus1988$825.0M25689
Duane Reade Holdings, Inc.1960$1.6B415,00032

Save A Lot history FAQs

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.