NEW YORK — Supervalu will likely increase the percentage of owned Save-A-Lot stores to licensed locations, at least in the near term, to meet growth goals for the limited-assortment chain, Pamela Knous, chief financial officer, said in a presentation at the Citibank Food & Drug Retail Conference here Tuesday. The company historically has owned 20% of its stores, with 80% run by licensees. Minneapolis-based Supervalu has said it plans to double the 1,200-store Save-A-Lot chain over five ...
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