As it faces a possible sale or spinoff, the Save-A-Lot grocery store chain is boosting the number of national brands on its shelves, remodeling to highlight fresh foods and adding stores.
The changes underway at some of the discount chain’s 1,368 stores nationwide come as the Earth City-based grocer is poised to change ownership and as its discount chain rivals Wal-Mart and Ruler Foods are adding stores and services in the St. Louis region, vying for market share.
Eden Prairie, Minn.-based Supervalu, which owns Save-A-Lot, is exploring spinning off Save-A-Lot as a stand-alone company or a sale of the chain amid increased competition and declines in prices for eggs, pork, beef and other foods.
To read the rest of the story, please go to: St. Louis Post-Dispatch
