Save Mart

Save Mart names Sampson executive chairman

MODESTO, Calif. — Former Albertsons Cos. executive Shane Sampson was named this month as executive chairman of regional supermarket operator Save Mart Cos., which has 204 stores in Northern California and Nevada. The appointment was announced a week after Save Mart was acquired by a Los Angeles-based private investment group, Kingswood Capital Management LP. Save

The Save Mart Cos. acquired by private equity firm

The Save Mart Cos. acquired by private equity firm

MODESTO, Calif. — The Save Mart Cos. announced on Monday that it has been acquired by the private equity firm Kingswood Capital Management LP. Terms of the deal were not disclosed. Save Mart operates about 200 stores under the Save Mart, Lucky California, and FoodMaxx banners. In addition to its retail operation, the company also