Save-A-Lot began in 1977 with single store in Cahokia, Illinois. The chain was founded by Bill Moran who used the idea of limited selection to compete against the mega chains.
By 1980, there were 52 stores.
In 1987, the company was purchased by Wetterau Inc.
In 1993, Wetterau and Save-A-Lot were acquired by Supervalu Inc.
In 2002, the company acquired the Deal$ chain. In 2006, Deal$ was sold to Dollar Tree.
In 2006, founder Bill Moran retires.
By 2009, there were 1200 locations.
Today, Save-A-Lot is a wholly owned subsidiary of SuperValu. There are more than 1300 stores nationwide.
Save-A-Lot
Save-A-Lot began in 1977 with single store in Cahokia, Illinois. The chain was founded by Bill Moran who used the idea of limited selection to compete against the mega chains.
By 1980, there were 52 stores.
In 1987, the company was purchased by Wetterau Inc.
History
In 1993, Wetterau and Save-A-Lot were acquired by Supervalu Inc.
In 2002, the company acquired the Deal$ chain. In 2006, Deal$ was sold to Dollar Tree.
In 2006, founder Bill Moran retires.
By 2009, there were 1200 locations.
Today, Save-A-Lot is a wholly owned subsidiary of SuperValu. There are more than 1300 stores nationwide.
