CAMP HILL, PA (September 29, 2010) – The first co-branded Save-A-Lot Food Stores/Rite Aid Pharmacy has opened in Easley, S.C. The store is located at 5991 Calhoun Memorial Highway. The store continues to be owned and operated by Rite Aid, and the Rite Aid pharmacy is operating as usual.
About 75 percent of the non-pharmacy part of the Easley store is devoted to Save-A-Lot. Grocery products offered by Save-A-Lot, a subsidiary of SUPERVALU, include a limited selection of fresh USDA inspected meat, processed smoked and packaged meat, fresh produce, frozen food, dairy and dry groceries at prices up to 40 percent lower than conventional grocery stores. Grocery products include both Save-A-Lot exclusive brands and national brands. Rite Aid continues to offer health and beauty products, including national and Rite Aid private brands.
As announced earlier this month, Rite Aid has entered into a licensing agreement with Save-A-Lot to add the discount, limited assortment grocery store concept to 10 existing Rite Aid stores in the Greenville, S.C., market. The nine other stores that are part of the 10-store test remain open during conversion to the co-branded concept and are scheduled to be completed in October.
“We’re excited to share this new concept with customers in the Easley area,” said Ken Martindale, Rite Aid Chief Operating Officer. “By co-branding with Save-A-Lot, we’re able to continue offering the Rite Aid pharmacy services and health and beauty items people have come to expect and at the same time offer high quality grocery products at great prices. We’re pleased to provide even more quality, convenience and value at our Easley store.”
“This exciting new format, featuring aspects of both a traditional Rite Aid pharmacy and Save-A-Lot food store, provides added convenience and value to our consumers in the Greenville, SC, area,” said Bill Shaner, Save-A-Lot President and CEO. “Save-A-lot is committed to offering local shoppers an easy way to save, with high-quality groceries at everyday low prices – typically up to 40 percent less than traditional grocers.”
Rite Aid Corporation is one of the nation’s leading drugstore chains with more than 4,700 stores in 31 states and the District of Columbia and fiscal 2010 annual revenues of $25.7 billion. Information about Rite Aid, including corporate background and press releases, is available through the company’s website at http://www.riteaid.com.