Scott Moses Shares Insights with Supermarket News on Save A Lot Transaction

Scott Moses, Solomon Partners’s Head of Grocery, Pharmacy & Restaurants shares his insights with Supermarket News about Save A Lot’s shift to a wholesale model.

“Through the relicensing program, Save A Lot is transitioning to a pure-play wholesale model (with the exception of 21 stores in its home St. Louis market), which will allow the company to be completely focused on its core mission of providing over 200 Save A Lot retail partners and their customers high-quality groceries at low prices every day,” Scott Moses, managing director and head of food retail and restaurant investment banking at PJ Solomon, said in an email on Monday. “Kenneth McGrath and the Save A Lot team have been doing extraordinary work this year, across over 1,000 store communities, demonstrating the importance of making affordable groceries available to customers, particularly during this very challenging economic time.”

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