Save Mart Supermarkets
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| Private | |
| Industry | Retail / Grocery |
| Founded | January 17, 1952 Modesto, California, U.S. |
| Founders | Michael Piccinini and Nicholas Tocco |
| Headquarters | Modesto, California, U.S. |
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Number of locations
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205 |
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Key people
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Nicole Pesco (CEO), Greg Hill (Co-President/CFO), Steve Junqueiro (Co-President/COO) |
| Products | Bakery, dairy, deli, frozen foods, general grocery, meat, pharmacy, produce, seafood, snacks, liquor |
| Revenue | U.S. $4.5 billion (2015) |
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Number of employees
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16,000 (2016) |
| Website | www |
Save Mart Supermarkets (also known as The Save Mart Companies) is an American grocery store operator. It owns and operates stores under the names of Save Mart, S-Mart Foods, Lucky and FoodMaxx. The stores are located in northern California and northern Nevada.
On November 27, 2006, Save Mart announced an agreement to acquire 132 Albertsons stores in California and Nevada. Save Mart officially began operating the stores in late February 2007, and the acquired stores were to be re-branded during the year. Those in the San Francisco Bay Area were to be rebranded Lucky, and the rest would operate under the Save Mart banner.
Save Mart Supermarkets includes a number of store banners and private label product brands.
Save Mart stores are full-service grocery stores with a broad product offering, including fresh products, bakery goods, deli foods and ethnic foods.
Lucky Supermarkets are full-service grocery stores. Their offerings include fresh products, bakery and deli-prepared foods, and ethnic offerings.
FoodMaxx is a warehouse-concept grocery store.
MaxxValue Foods offers products at warehouse-store prices without a store club membership fee.
Super Store Industries (Lathrop) capitalizes on the combined buying power of more than one privately owned grocery chain. Economies of scale enable the partners, including Save Mart Supermarkets, to purchase or produce products at low cost. They can then (if they wish) pass on the savings to their customers and maintain a competitive edge. SSI also produces and packages bottled beverages, cultured dairy products, and frozen dairy products for several brands, including Sunnyside Farms yogurt, Stater Brothers ice cream, and Minute Maid orange juice. SSI owns and operates Sunnyside Farms (Fairfield) and Sunnyside Farms Dairy (Turlock).
In November 2011, hundreds of Lucky's customers throughout the San Francisco Bay Area were reported to be victims of card-swipe thefts the previous month. The crime resulted from the surreptitious placement of card-scanning modules at the stores' self-serve checkout stands. Card information of customers, including personal identification numbers (PIN) may have been retrieved by the criminals. Some customers reported having money withdrawn from their accounts. The company advised affected customers to contact their financial institutions. Lucky also advised some customers to close their accounts.
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Wikipedia