Save A Lot Gains Capital Infusion

Discount grocer Save A Lot said it has reached an agreement with a substantial majority of its lenders to recapitalize the business and deleverage its balance sheet. An infusion of new capital will support the company’s operations and the acceleration of its business transformation plan.

Save A Lot Adds Amazon Pay/Pick Up To Stores

Supermarket chain Save A Lot is the latest retailer to team with Amazon and will now allow shoppers to pay for and pick up packages in stores.

Report: Save-A-Lot Exploring Sale

Save-A-Lot, a discount grocer owned by private equity firm Onex Corp., is exploring a sale of all or part of itself, as it deals with increased competition and debt load, according to a recent Reuters report.

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