Save A Lot Sells Remaining Corporate Locations

Save A Lot has finalized the re-licensing of its remaining 18 company-operated stores, finalizing its ongoing strategy to shift ownership and operations of all stores to independent ownership.

The remaining 18 company-operated stores in the St. Louis area are being acquired by Leevers Supermarkets, Inc., a current Save A Lot Retail Partner with 29 stores in markets including Denver and Philadelphia. Leevers will continue to operate the St. Louis stores under the Save A Lot banner.

“As we’ve made a strategic shift to become a licensed wholesaler, it’s clear that our long-term growth momentum must be rooted in the success of our strong network of retail partners,” said Leon Bergmann, Save A Lot CEO.” Our Retail Partners are closest to and best positioned to meet the needs of those customers. Their commitment to our brand and the consumer we serve is unmatched in the industry.”

The sale of the grocer’s final 18 company-owned stores is the final chapter in Save A Lot’s wholesale transformation, which began in late 2020. Through an emphasis on serving and supporting its retail partners, Save A Lot has built a sustainable, high-growth and community-focused business while remaining true to its mission of providing unmatched value to its customers. While no longer operating stores directly, the company will continue to partner closely with individual Retail Partners like Leevers and others across its network to provide a base for testing new innovations and programs before deploying them to all stores.

"We are proud to be a part of the Save A Lot network and are thrilled to grow our footprint with the brand," said Leevers Supermarkets President and Chief Executive Officer, Gabe Disbrow. "We remain fully committed to delivering an exceptional shopping experience with unmatched value to every shopper who walks through our doors. We’re looking forward to being a part of the St. Louis community."