More Company-Owned Save-A-Lots Planned

NEW YORK – Supervalu will likely increase the percentage of owned Save-A-Lot stores to licensed locations, at least in the near term, to meet growth goals for the limited-assortment chain, Pamela Knous, chief financial officer, said in a presentation at the Citibank Food & Drug Retail Conference here Tuesday.

NEW YORK — Supervalu will likely increase the percentage of owned Save-A-Lot stores to licensed locations, at least in the near term, to meet growth goals for the limited-assortment chain, Pamela Knous, chief financial officer, said in a presentation at the Citibank Food & Drug Retail Conference here Tuesday. The company historically has owned 20% of its stores, with 80% run by licensees.

Minneapolis-based

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