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February 07, 2016 4:54 AM ET

Food and Staples Retailing

Company Overview of Save Mart Supermarkets, Inc.

Company Overview

Save Mart Supermarkets, Inc. owns and operates a chain of stores. It offers food products, including dry groceries, frozen food products, ice products, and novelties; and pharmacy products, such as drug nutrient depletions, cough and cold reliefs, and herb/supplement nutrition depletions. The company also operates a trucking company for goods transportation needs. It serves customers in Northern California and Northern Nevada. The company was founded in 1952 and is based in Modesto, California with stores in the Central Valley, San Francisco Bay Area, and Northern Nevada. It has distribution centers in Roseville, Merced, and Vacaville, California.

2100 Standiford Avenue

Modesto, CA 95350

United States

Founded in 1952

Phone:

209-577-0545

Fax:

209-577-2199

Key Executives for Save Mart Supermarkets, Inc.

President and Chief Operating Officer
Co-President and Chief Strategy & Branding Officer
Chief Financial Officer
Chief Information Officer and Vice President
Chief Administrative Officer and Executive Vice President
Compensation as of Fiscal Year 2015.

Save Mart Supermarkets, Inc. Key Developments

Save Mart Opens Lucky California Concept Store in Daly City

Save Mart Supermarkets announced the opening of the Lucky California concept store in Daly City. Lucky California will bring people together around a shared love of food. A reflection of the Bay Area food culture, this new store concept will provide shoppers with the diverse, eclectic flavors and foods that they eat every day whether they are looking for prepared foods to carry out or all the ingredients to cook at home. As the concept store is refined, Save Mart will begin the process of renovating and rebranding its entire chain of stores 72 Lucky stores throughout the Bay Area.

Save Mart to Close Blackstone and Clinton Store

Save Mart is closing its Clinton and Blackstone avenues stores, citing competition, Fresno learned it would near Blackstone and Ashlan avenues and First Street and Nees Avenue. The Save Mart store is one of a few full-line grocery stores in its neighborhood, and will close June 27, 2015. All the store's 62 employees will be moved to other area Save Marts.

Save Mart to Close One of its Local Grocery Stores

Save Mart Supermarkets store that "hasn't been profitable for some time" is closing. The Folsom location at 1003 East Bidwell St. will close on May 30, Save Mart Despite its efforts, the company has been unable to turn the struggling store around, Save Mart is an anchor store in Folsom's Willow Creek Town Center. No other Sacramento-area Save Mart stores are slated to close.

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