Content about Lucky Stores

February 26, 2013
Dan Salemi to be named president of pharmacy at new Albertsons

Upon the closing of Supervalu's sale of five pharmacy banners to Albertsons LLC, Dan Salemi will assume the role of president of pharmacy at the new Albertsons LLC, DSN has learned.

MINNEAPOLIS — Upon the closing of Supervalu's sale of five pharmacy banners to Albertsons LLC, Dan Salemi will assume the role of president of pharmacy at the new Albertsons LLC, DSN has learned.

Salemi will succeed Supervalu president pharmacy operations Chris Dimos. Dimos will remain in his current role until the transaction closes. Supervalu has not named a pharmacy head for the 191 retail operations that will remain with Supervalu.

February 21, 2013
Albertsons appoints division presidents; Justin Dye to head pharmacy

Albertsons named the division presidents who will lead the 877 stores it will acquire from Supervalu after the purchase agreement closes next month, the company said. The two companies agreed to the purchase in January.

BOISE, Idaho — Albertsons named the division presidents who will lead the 877 stores it will acquire from Supervalu after the purchase agreement closes next month, the company said. The two companies agreed to the purchase in January.

January 11, 2013
New Albertsons will leapfrog Supervalu on DSN's Top 50 Pharmacy Power Players

Last week in a much anticipated move, Cerberus Capital Management acquired 877 supermarkets from Supervalu for $100 million in cash and the assumption of $3.2 billion in debt. Also part of the deal, a Cerberus-led investor consortium will provide the remaining Supervalu business an influx with the purchase of up to 30% of Supervalu stock at a purchase price of $4 per share.

Following the transaction, Supervalu will be a $17 billion business comprised mostly of its distribution business, which will represent 47% of revenues, Save-A-Lot (25%) and 191 regional supermarkets (28%).

Last week in a much anticipated move, Cerberus Capital Management acquired 877 supermarkets from Supervalu for $100 million in cash and the assumption of $3.2 billion in debt.  Also part of the deal, a Cerberus-led investor consortium will provide the remaining Supervalu business an influx with the purchase of up to 30% of Supervalu stock at a purchase price of $4 per share. 

August 13, 2012
Save Mart raises funds for children's hospitals

Save Mart Supermarkets announced that all of its banners — including Save Mart, S-Mart Foods, Lucky, FoodMaxx and Maxx Value Foods stores — will be raising funds for children's hospitals in California and Nevada.

MODESTO, Calif. — Save Mart Supermarkets announced that all of its banners — including Save Mart, S-Mart Foods, Lucky, FoodMaxx and Maxx Value Foods stores — will be raising funds for children's hospitals in California and Nevada.

June 20, 2012
Save Mart to host Degree Simulator and 5-Hour Energy cars for Toyota/Save Mart 350

Save Mart and Lucky California stores in Roseville, Carmichael, Modesto, Madera and Riverbank will host the Degree Simulator or 5-Hour Energy race cars this week, the discount retailer announced Tuesday.

MODESTO, Calif. — Save Mart and Lucky California stores in Roseville, Carmichael, Modesto, Madera and Riverbank will host the Degree Simulator or 5-Hour Energy race cars this week, the discount retailer announced Tuesday.

May 3, 2011
Supervalu looks to grow on multiple fronts

Supervalu detailed its strategic plan to deliver profitable growth in the future for shareholders at an investor event May 3.

CHICAGO — Supervalu detailed its strategic plan to deliver profitable growth in the future for shareholders at an investor event May 3.

Commenting on the company’s plans, Supevalu CEO and president Craig Herkert said, “We are focused on acting as one company, working toward a common goal of delivering increased value to all of our customers and meeting their needs neighborhood by neighborhood.”

July 9, 2009
Supervalu announces retirement of two executives, change in leadership structure

The pending retirement of Kevin Tripp as EVP and president of Supervalu’s Retail Midwest region...

NEW YORK The pending retirement of Kevin Tripp as EVP and president of Supervalu’s Retail Midwest region marks a big changing of the guard for one of chain pharmacy’s biggest players. Still unclear is if whether it also signals an exit from the retail pharmacy industry of this well-known and respected executive.