Save A Lot BB #:143893 is laying off an undisclosed number of people in its St. Louis support center and closing two distribution centers in its long-term strategic plan to transform the company into a wholesale supplier for independent grocers.
Save A Lot parent Moran Foods LLC has been selling or transferring ownership of most of its company-owned stores to licensees, and had reportedly shifted to a “pure play wholesale model,” as of February 2022.
The company plans to close distribution centers in Coxsackie, NY, on Feb. 25, and St. Johns, MI, on March 11.
“Store locations served by these centers will continue operations as normal and will be supplied by other distribution centers in our network,” the company said, in a statement.
Eden Prairie, MN-based SuperValu spun off Save A Lot in 2016, in a deal worth more than $1.3 billion. Since then, the company has been dismantling its network of corporate stores in more than 30 different transactions.
Save A Lot BB #:143893 is laying off an undisclosed number of people in its St. Louis support center and closing two distribution centers in its long-term strategic plan to transform the company into a wholesale supplier for independent grocers.
Save A Lot parent Moran Foods LLC has been selling or transferring ownership of most of its company-owned stores to licensees, and had reportedly shifted to a “pure play wholesale model,” as of February 2022.
The company plans to close distribution centers in Coxsackie, NY, on Feb. 25, and St. Johns, MI, on March 11.
“Store locations served by these centers will continue operations as normal and will be supplied by other distribution centers in our network,” the company said, in a statement.
Eden Prairie, MN-based SuperValu spun off Save A Lot in 2016, in a deal worth more than $1.3 billion. Since then, the company has been dismantling its network of corporate stores in more than 30 different transactions.
Pamela Riemenschneider is the Retail Editor for Blue Book Services.
