REAL ESTATE

Save-A-Lot opens in Atlantic City

BY Staff Writer

St. Louis — Discount grocer Save-A-Lot, a wholly-owned subsidiary of Supervalu, opened its first store in Atlantic City, N.J., on May 17, becoming the first full-service grocery store within a 21-mile radius of the city.

“The addition of Save-A-Lot to Atlantic City is a win across the board,” said John Palmieri, executive director, Casino Reinvestment Development Authority. “First and foremost, it gives the residents of Atlantic City access to affordable, healthy foods. As the property owners, we’re thrilled to see the land being used to benefit the entire Atlantic City community.’

The Atlantic City store is the 11th Save-A-Lot store in New Jersey.

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FINANCE

Kirkland profit plunges 38%

BY CSA STAFF

Nashville, Tenn. — Kirkland’s first-quarter profit dropped 38% amid promotions and price cuts. The company also issued disappointing predictions for the current quarter and full year.

Kirkland’s said it earned $2 million for the quarter ended April 28, down from $3.2 million last year.

Sales rose 3.6% to $97.8 million from $94.4 million. Same-store sales edged down 1.2%.

The home décor chain said it increased marketing to counter a drop in sales.

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OPERATIONS

Safeway launches online and mobile savings tool

BY Marianne Wilson

Portland, Ore. — Safeway launched an online and mobile shopping program, called Just for U, in the company’s Oregon and Washington divisions. The program, which delivers targeted savings directly to a customer’s Safeway Club Card, can be accessed through the new Safeway Mobile App for iPhone or Android.

Just for U organizes and personalizes the shopping experience by what is most important to each shopper. Deals are offered on items a shopper most frequently buys, as well as items they might be interested in – providing savings of up to 10% to 20% more than by using a Safeway Club Card alone.

“Gone are the days where shoppers have to clip coupons, browse through ads or promotional flyers, or bring a handwritten shopping list to the store. With Just for U, Pacific Northwest Safeway shoppers are able to easily save time and money,” said Steve Frisby, president of Safeway’s Portland and Seattle Divisions. “Shoppers can now download personalized savings just for them right to their Safeway Club Card and compile a customized shopping list online or while on-the-go using their mobile smart phone.”

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