Slow Transition Seen at Save Mart

MODESTO, Calif. Save Mart Supermarkets here views its pending purchase of 132 Albertsons stores in northern California and northern Nevada as a merger, not as a buyout or a takeover, Bob Spengler, who recently returned to Save Mart as president and chief operating officer, told SN last week. We're not going to ride in on a white horse as saviors, he explained, because it's a profitable company that

MODESTO, Calif. — Save Mart Supermarkets here views its pending purchase of 132 Albertsons stores in northern California and northern Nevada as a merger, not as a buyout or a takeover, Bob Spengler, who recently returned to Save Mart as president and chief operating officer, told SN last week.

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