October 25, 2016 5:29 AM ET

Food and Staples Retailing

Company Overview of Save-A-Lot Food Stores, Ltd.

Company Overview

Save-A-Lot Food Stores, Ltd. owns and operates a chain of discount grocery retail stores in the United States, the Caribbean, and Central America. Its categories include baby needs, beverages, breads and baking, canned goods, cereals and breakfast, condiments, dairy and eggs, frozen food, garden fresh produce, household items, miscellaneous, personal care, pet care and feeding, quality meats, rice, pasta, beans, snacks, and spices and seasonings. The company was founded in 1977 and is based in Earth City, Missouri. Save-A-Lot Food Stores, Ltd. operates as a subsidiary of SUPERVALU Inc.

100 Corporate Office Drive

Earth City, MO 63045

United States

Founded in 1977





Key Executives for Save-A-Lot Food Stores, Ltd.

Chief Executive Officer
Age: 59
Chief Financial Officer
Senior Vice President of Retail Operations
Chief Merchandising Officer
Vice President of Human Resources
Compensation as of Fiscal Year 2016.

Save-A-Lot Food Stores, Ltd. Key Developments

Investors Reportedly Eyes To Acquire Save-A-Lot

A lead buyer reportedly has emerged for Save-A-Lot Food Stores, Ltd., that SUPERVALU Inc. (NYSE:SVU) has been considering selling. Onex Corporation (TSX:OCX) has made the best offer in an auction for Save-A-Lot, Reuters reports, citing people familiar with the matter. Supervalu is expected to make a final decision on Save-A-Lot in the next two weeks, the sources told the news agency on September 29, 2016. Representatives from the companies did not immediately respond to Reuters' request for comment.

Save-A-Lot Reports Earnings Results for the Fourth Quarter and Full Year of 2016

Save-A-Lot has reported earnings results for the fourth quarter and full year of 2016. For the quarter, the company reported net sales in the fiscal 2016 fourth quarter fell nearly 8% to $1.06 billion, while the grocery chain's operating earnings dropped about 70% to $14 million on higher employee and store occupancy costs, and higher inventory shrink. For the year, the company reported net sales in fiscal 2016, making up about 26% of Supervalu's $17.53 billion in total revenue for the year.

Ritchie Casteel to resign as President of Save-A-Lot, Effective March 11, 2016

Supervalu Inc., the parent company of Save-a-Lot, announced that Save-a-Lot President Ritchie Casteel's employment will end effective March 11. Supervalu does not intend to hire a replacement for the position.

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Recent Private Companies Transactions

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