Sunday, November 2, 2014

Perishables driving sales growth for Save-A-Lot

Supervalu reported last month that a focus on perishables is responsible for sales growth at Save-A-Lot, whose fiscal second quarter sales increased 8% (to $1 billion) from the same quarter last year. Overall sales at Supervalu totaled $4 billion, a 1.8% increase.

Supervalu CEO Sam Duncan also reported that identical stores sales at Save-A-Lot improved by 6.5% and corporate stores within that network saw 8.2% identical store sales increases.

The company is investing in Save-A-Lot private label brands and plans to update the packaging of about 1,000 SKUs by the end of the fiscal year. 65 new Save-A-Lot stores are expected to open in 2015.

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