Supervalu sells Save-A-Lot chain for $1.37 billion

David Livingston, a supermarket analyst in suburban Milwaukee, thinks the company received a good price for Save-A-Lot, considering the competitive marketplace for discount grocers.

“Save-A-Lots are the same size as Aldi but with half the sales,” he said. “Now that Lidl [another discount supermarket] is coming from Germany, it will be another big competitor.”

http://www.startribune.com/supervalu-sells-save-a-lot-chain-for-1-4-billion/397304681/