The Save-A-Lot grocery store in Bristol, PA closed earlier this month. It had been in operation for about 10 years. Save-A-Lot’s parent company, Supervalu (Acme, Albertson’s, etc.) has been suffering significant losses for the past three to four years and is actively pursuing a buyer.
Several analysts believe Save-A-Lot is one of the most desirable assets in Supervalu’s portfolio.
Related post: Supervalu freezes pay, lays off workers as buyers conduct due diligence
