Supervalu sells Save-A-Lot chain for $1.37 billion
Supervalu had been trying to split off or sell the discounter for about a year By John Ewoldt // Star Tribune Supervalu sold Save-A-Lot on October 24th, the discount grocery chain that drove most of its growth in recent years, to a Toronto investment group for $1.37 billion. Supervalu had been trying to split off…