Save A Lot History
Save A Lot history begins with just a single store in 1977. Since then, Save-A-Lot has grown into one of the largest U.S. grocery store chains. From day one, our objective has been to deliver high quality foods at a great value to our customers.
While working for a grocery wholesaler in the mid-'70s, company founder Bill Moran identified an opportunity for small grocers to compete against emerging mega-stores and created Save-A-Lot's hard discount business model. When the first store opened in Cahokia, IL, in 1977, the format was immediately successful.
In 1977, General Grocer Co. adopted Moran's idea of the carefully selected assortment format and opened five additional stores in the St. Louis, MO area. Within a year, word-of-mouth advertising helped spread awareness and Save-A-Lot expanded to 29 locations. By 1980, Save A Lot added 52 locations and opened a warehouse in Jackson, TN. Now reaching shoppers in several states, Save A Lot's rank among other regional and U.S. grocery store chains continued to increase.
In 1983, General Grocer sold Save A Lot exclusively to Moran. And five years later, Save A Lot was acquired by Wetterau Incorporated, a St. Louis, MO-based food wholesaler and retailer. This was an exciting time in Save A Lot history. Save A Lot expanded aggressively including the purchase of 76 Jewel T stores (at the time, one of the other few U.S. grocery store chains with discounted items) and two additional warehouses, one in Pennsylvania and one in Florida.
In 1993, SUPERVALU INC. acquired Wetterau and, with it, Save A Lot.
In 2006: Save A Lot founder Bill Moran announced his retirement after almost 30 years leading the company. While changes in leadership are a notable event in Save-A-Lot history, we have continued to stay true to the values and vision that Bill Moran first set forth - offering a quality selection of the low-priced products our shoppers need every day.
In 2016: Save-A-Lot begins a new chapter after being acquired by Canadian private equity firm Onex Corporation. Save A Lot is positioned to be one of the fastest growing grocery retailers in the U.S. where consumers are looking for value like never before.
As of January 31, 2017, our store and distribution network encompasses over 1,300 corporate and licensed stores in 36 states, the Caribbean and Central America, and 16 wholesale distribution centers.