SUPERVALU UNIT PLANS TO BUY 30 TEXAS STORES

ST. LOUIS -- Save-A-Lot here, a division of Supervalu, intends to acquire all 30 Texas T Discount Grocery stores owned and operated by Shop N' Sav, Grand Prairie, Texas, for an undisclosed amount.The proposed acquisition, announced last week, would enable Minneapolis-based Supervalu to accelerate its Southwest retail expansion, according to company executives.If completed, the deal also would mark

ST. LOUIS -- Save-A-Lot here, a division of Supervalu, intends to acquire all 30 Texas T Discount Grocery stores owned and operated by Shop N' Sav, Grand Prairie, Texas, for an undisclosed amount.

The proposed acquisition, announced last week, would enable Minneapolis-based Supervalu to accelerate its Southwest retail expansion, according to company executives.

If completed, the deal also would mark Supervalu's second significant acquisition in the past three months. Late last

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TAGS: Supervalu