Save A Lot moves forward with plans to sell stores

Save A Lot is pushing ahead with plans to sell 300-plus corporate-run sites by the end of this year as it switches to a new wholesale business model, recently announcing the sale of 51 stores in Tampa, Florida to Fresh Encounter, a Save A Lot licensee. Financial terms of the deal weren’t disclosed, but the 51 locations will continue operating under the Save A Lot banner. Read Winsight Grocery Business story here

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