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SAVE-A-LOT OPENS FIRST OF FOUR NEW ORLEANS STORES

ST. LOUIS -- September 13, 2002 -- Soon, New Orleans shoppers can save up to 40 percent on groceries at the new Save-A-Lot Food Store in Metairie, located at 6525 Airline Highway. The unique, edited-assortment Save-A-Lot store will open on Friday, September 20 at 9 a.m. City and parish leaders will participate in a ribbon cutting ceremony at 8:30 a.m.

The Metairie store is the first of four New Orleans stores Save-A-Lot has scheduled to open by the end of January 2003.

"Save-A-Lot is excited about its market entry into New Orleans and looks forward to offering shoppers a distinct shopping alternative," said Dan Kimack, Manager of Corporate Communications. "New Orleans shoppers will be pleasantly surprised when they first visit the store and experience Save-A-Lot's value equation - great food at great prices!"

He added, "Because of our edited-assortment method of retailing and the incredible buying power of more than 1,000 stores, Save-A-Lot Food Stores offer the highest quality products - many under our own exclusive brands - at terrific savings. If people spend an average of $65 per week on groceries, shopping at their bright, clean and convenient Save-A-Lot can mean a savings of more than $100 each month."

Save-A-Lot is the nation's fastest growing edited assortment grocery chain in the U.S. with more than 1,000 stores in 36 states. The company is opening more than 100 stores a year.

The company has achieved its growth and success by developing a different way of retailing - its stores offer customers the most popular size and variety of the most frequently purchased grocery items. The edited assortment of products, smaller size of the stores and incredible buying power work together to reduce operating expenses. These savings are passed on to the customer through lower prices.

The smaller store size - about 12,000- or 14,000-square-feet - also makes shopping more convenient. "Our store size allows customers to have a quick and easy shopping experience," Kimack said. "And our edited-assortment format means that we?ve already done some of the shopping for our customers. We know they expect to find great food at great prices."

Save-A-Lot carries both selected national brand items and exclusive label products. To ensure that Save-A-Lot's exclusive label products are as good or better than name brand items, the company has a test kitchen, a full-time economist and rigorous quality assurance procedures. "If a product does not meet Save-A-Lot's standards for top quality, we won't carry it," Kimack said.

The new Metairie store will carry about 1,250 of the most frequently purchased grocery items, including fresh meat, fruits and vegetables, dairy products, canned goods and packaged items, frozen foods and more, plus non-food items like health and beauty aids.

The Metairie store will have a staff of about 25 employees. Hours for the store are 9 a.m.-9 p.m. Monday through Saturday and 9 a.m.-8 p.m. Sunday.

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Dan Kimack
dan.kimack@save-a-lot.com