Supervalu to sell Save-A-Lot chain for $1.37 billion The company also owns the Shop ‘N Save and Cub Foods chains. There are more than 1,300 Save-A-Lot grocery stores around the U.S., including 10 in the Charlotte metro area, according to its website. Supervalu first announced plans to sell off Save-A-Lot ... 10/16/2016 - 9:56 pm | View Link
Supervalu’s Latest SEC Filing Suggests Save-A-Lot Spinoff Is Coming Soon Over the past several years, the company has also been growing the corporate store side of its business and attempting to shrink the number of licensed Save-A-Lot stores. To date, 472 of the 1,368 Save-A-Lot stores (or roughly 35 percent) are corporate owned. 08/9/2016 - 7:57 am | View Link
New shopping center, Save-A-Lot to open in Binghampton The Save-A-Lot will create 30 new jobs, while other stores in the shopping center are expected to ... Another blast of arctic air is gripping the Mid-South and will remain through the weekend, but with this round of bitter cold comes a chance for snow. 01/25/2016 - 6:00 am | View Link
Save-A-Lot’s Newest Stores Focus On Fresh Over the past month, Supervalu’s hard-discount grocery banner, Save-A-Lot, has opened 13 new stores across eight states—its latest last week in Rockford, Illinois. The banner’s newest stores, according to company officials, focus on fresh ... 03/3/2015 - 11:00 am | View Link
Save-A-Lot reportedly up for sale by Supervalu For Cerberus, a deal would allow the firm to expand its control over the Albertsons brand. Cerberus first bought a stake in Albertson’s Inc. in 2006 with a group that included Supervalu. Under that deal, Cerberus got 655 grocery stores. Cerberus aims to ... 12/5/2012 - 5:01 pm | View Link
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Publix In early 2005, Publix renamed its checkout section from "Common Area" to "Customer Service". This change coincided with a new color-and-design scheme of the store's ... 01/13/2017 - 11:42 am | View Website
LuLu Hypermarket | Supermarkets | Department Stores LuLu Group has opened a new outlet in Qatar at Al Messila in Doha. The new hypermarket, located near Fariq bin Omran was inaugurated by the Chairman of Qatar Chamber ... 01/10/2017 - 6:16 am | View Website
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Supervalu sells Save-A-Lot chain for $1.37 billion ... Supervalu purchased Save-A-Lot in 1992. It continued to add stores and now attracts more than 5 million shoppers a week. "A sale allows Supervalu to further ... 01/9/2017 - 3:57 pm | View Website
Sen. Joni Ernst (R-Iowa) comically illustrated the overreach of the Environmental Protection Agency during an otherwise turbulent Senate hearing for President-elect Donald Trump's EPA nominee, Scott Pruitt, on Wednesday. "This is a chart of the state of Iowa," Ernst began, showing a nearly entirely red map of her state. "As you can see, with the expanded definition as provided by the EPA, 97 percent of the state of Iowa is now considered Waters of the U.
China is easing the government's 2,000-year-old monopoly on table salt by letting producers set prices and sell directly to the market. The monopoly has supported Chinese rulers from the Han dynasty to the Communist Party, even helping to pay for the construction of the Great Wall, The Financial Times reports.
Beginning this year, salt producers will have the freedom to set their prices based on normal market factors like cost, quality, supply, and demand — though the country's top economic planning agency still encourages state officials to keep those prices somewhat stable by tapping a "strategic reserve." The salt producers will also be able to sell without going through government-owned distribution companies, which used to absorb most of the industry's profits.
Nonetheless, most Chinese salt producers still work for the Chinese government, which has also said it will not grant any new licenses into the market until the end of 2018.
Sen. Elizabeth Warren (D-Mass.) went into the hearing for President-elect Donald Trump's health and human services nominee Wednesday with guns ablazing.
Throughout the hearing, Democrats raised a fuss about the fact that Rep. Tom Price (R-Ga.) bought between $1,001 and $15,000 worth of shares in medical device manufacturer Zimmer Biomet Holdings Inc.