Save-A-Lot Closing all Oregon Stores
Minneapolis-based Supervalu has faced declining sales for the past three years, and recently hired new president and CEO Wayne Sales, who launched a transformation initiative to get the company back on its feet.
“As an overall business strategy it was determined that the costs to support OR and WA outweighed the benefits at this time,” Mike Stout, director, new business development for Save-A-Lot food stores told Progressive Grocer. “We intend to focus our development efforts in other parts of the U.S. These are always difficult decisions as we know store closings impact our employees, customers and the community.”
According to published reports, the Supervalu transformation will include nationwide store closures, including a total of 22 Save-A-Lots and 27 Albertsons locations.