NEW YORK — Supervalu is trying to facilitate the expansion of its Save-A-Lot banner by looking for ways to reduce the costs for licensees to open new stores. Speaking to investors at the Bank of America Merrill Lynch Credit Conference here last week, David Oliver, vice president of investor relations for Minneapolis-based Supervalu, said the company wants to bring the average cost of opening a new Save-A-Lot “from the $1 million range down to the $800,000 range.” As previously reported, ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Salary Survey 2015

Registering for content on Supermarket News will give you INSTANT access 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’s FREE, easy and quick.  What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.

Click here to read the FAQ page if you have any questions (opens in a new window)

Attention Paid Print Subscribers:  While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.