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“This acquisition supports our group’s desire to continue our growth in the retail food business,” said the president of the company.
Save Mart on Pelandale closed in early 2010, moving into a larger space less than a quarter mile down the road. The sites have been unoccupied since each store’s closure. That will change by ...
The Save Mart Companies is an American grocery store operator founded and headquartered in Modesto, California. It owns and operates stores under the Save Mart, Lucky, and FoodMaxx brands. The stores are located in northern and central California and northern Nevada. The company is owned by the Jim Pattison Group.
Save Mart was founded in Modesto in 1952 and has since become a key player in California and Nevada. Its stores in the Bay Area were purchased from Albertson’s in 2007 and rebranded as Lucky.
Save Mart Supermarkets acquired the Northern California division of Albertsons, with its 132 stores, on November 27, 2006, [73] which included the right to use the Lucky brand in the areas in which Albertsons had previously operated in but reserved for Save Mart's use. [74] In summer 2007, Save Mart converted 72 of the acquired Albertsons ...
Those stores control the city's largest market share: 28%, down from 30% in 2007 and 34% in 2003, according to Metro Market Studies of Tucson, Arizona. By comparison, other local market shares are Safeway at 16.7%, Costco at 11.9% and Save Mart Supermarkets at 9.2%. However, the company is suffering from increased competition in the region as ...
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Safeway also scaled back its operations in Fresno, Modesto, Stockton, and Sacramento. Save Mart Supermarkets purchased the few remaining Fresno Safeway stores in 1996. Many stores in the Eastern Division were also closed or sold in the 1987–1989 time frame, including many recent additions in the DelMarVa Eastern Shore area.
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