Save Mart Supermarkets reaches labor agreement with UFCW locals after nearly a year of negotiations

MODESTO, California , July 11, 2012 (press release) – Save Mart Supermarkets announces today after almost a year of negotiations with UFCW Locals 5, 8, and 648 we have reached an agreement.

“We believe this agreement will allow us to be more competitive in the retail food market while providing enhanced job security and additional hours to our valued team of associates. We commend and appreciate our associates for delivering quality service throughout the negotiation process,” says Steve Junqueiro, President and COO.

“We also believe with this agreement we can intensify our focus on the needs of our customers. Our goal is to provide a ‘best in class’ shopping experience while remaining vigilant in working toward managing costs and growing sales.”

About Save Mart Supermarkets

Save Mart Supermarkets, a California corporation, owns and operates 229 stores in Northern California and Northern Nevada under the Save Mart, S-Mart Foods, Lucky, Maxx Value Foods, and FoodMaxx banners. Headquartered in Modesto, Calif. since the company was founded in 1952, Save Mart Supermarkets has always believed in supporting local suppliers and producers, and is actively engaged with the charities and causes of the communities where its stores do business. For more information on the stores of Save Mart Supermarkets, please visit www.SaveMart.com, www.LuckySupermarkets.com, and www.FoodMaxx.com.

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