Albertsons 2002 Annual Report Download - page 8

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SUPERVALU’s Save-A-Lot format continues to expand its lead as the number one grocery retailer
in the extreme value marketplace. With approximately 1,000 stores in 36 states, Save-A-Lot gener-
ates systemwide sales in excess of $4 billion. With a passionate focus on serving its customers,
Save-A-Lot is now the sixth largest grocery chain under a single banner. Within the last seven years,
Save-A-Lot has more than doubled its store count across the United States. Save-A-Lot’s success
stems from meeting the grocery shopping needs of value-driven consumers with a primary focus on
Keep it simple
Keeping it simple is hard work. It requires intense dedication to every component of the
business. Through constant refinement, Save-A-Lot has achieved significant efficiencies
generating benefits for customers. Customers appreciate the convenient, clean, simple
store layout where they save time and money. SUPERVALU plans to aggressively expand
Save-A-Lot’s store network leveraging its highly efficient business model that combines
operational simplicity, supply chain benefits, product SKU discipline, national merchandising
programs and quality custom brands.
Now open:
1,000 Save-A-Lot stores
Save-A-Lot opened its 1,000th store in spring of 2002, demonstrating SUPERVALU’s
commitment to a border-to-border, coast-to-coast national expansion. In recognition
of this milestone, a nationwide in-store celebration was launched in April featuring
“Great Buy” products. This promotion is part of an ongoing national advertising
program designed to build consumer awareness. New markets entered during
Fiscal 2002 were the Gulf Coast region, Baltimore and Chicago – bringing
net store openings for the year to 93.
Save-A-Lot suc