The Minneapolis/St. Paul Business Journal reports that Supervalu plans to more than double the size of its Save-A-Lot fleet of stores, with the stated goal of having more than 2,500 units coast-to-coast.
Supervalu has more than a thousand of the stores in 36 states, an increase of almost 300 in just four years. Three-quarters of them are owned by franchisees, with the balance being company-owned.
The company is the leader in the “extreme value” store category, with Aldi in second place with more than 600 stores.
Supervalu has more than a thousand of the stores in 36 states, an increase of almost 300 in just four years. Three-quarters of them are owned by franchisees, with the balance being company-owned.
The company is the leader in the “extreme value” store category, with Aldi in second place with more than 600 stores.
- KC's View:
- Makes sense, especially because the company has grown the format regardless of the state of the economy. This, along with the “dollar store” concept, clearly is a high-growth retailing format that we’re likely to see more of.
