Save-A-Lot was founded as a single store in Cahokia, Ill., in 1977 by William Moran Jr., who launched the store under the sponsorship of General Grocer Co., a St. Louis-based wholesaler. General Grocer bought the concept and expanded it under Moran's leadership, until General Grocer was acquired by rival wholesaler Wetterau in 1983. Wetterau sold Save-A-Lot back to Moran and reacquired via a buy-back option in 1978. Save-A-Lot became a subsidiary of Minneapolis-based Supervalu in 1993 when ...
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