MODESTO, Calif. — Save Mart Supermarkets here views its pending purchase of 132 Albertsons stores in northern California and northern Nevada as a merger, not as a buyout or a takeover, Bob Spengler, who recently returned to Save Mart as president and chief operating officer, told SN last week. “We're not going to ride in on a white horse as saviors,” he explained, “because it's a profitable company that already has a very good team in place, and we don't plan to do anything of any magnitude ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.