In the US, Supervalu has revealed that it is planning to double the size of its discount Save-a-Lot chain to close to 2,400 outlets over the next five years.
Chief executive officer Craig Herkert said that the company has put in place a number of changes to ensure that rapid expansion can take place, according to a report by Just-Food.
'First, we're lowering capital requirements for Save-a-Lot by 15 per cent to 30 per cent through redesigning the store layout, reducing the leasehold and fixing requirements, and greater utilisation of used equipment,' Mr Herkert said.
Meanwhile, the retailer is set to close its only Urban Fresh store just over a year after its launch, Planet Retail reported.
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