Save Mart Supermarkets.(THE ticker)

Private Label Buyer, March, 2007

Save Mart Supermarkets plans to convert all 130 Albertsons supermarkets it acquired to its own banner by the end of 2007, but the Modesto, Calif.-based retailer still is contemplating what that banner will be. "They could become Save Mart or Food Maxx stores, or they may have a completely new banner," says Alicia Rockwell, a Save Mart spokeswoman, about the stores formerly owned by Albertsons LLC. "That is still under discussion."

According to the company, until a store is converted to a Save Mart it will continue to operate as an Albertsons store. All 13,000 Albertsons Northern California associates are welcomed into the Save Mart family and those in bargaining agreements will maintain their seniority within their agreement.