Save Mart CEO Builds Private Empire

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Save Mart CEO Builds Private Empire


Modesto, Calif.-based Save Mart Supermarkets, which ranks among the largest family-owned food retailers in the state, has survived industry consolidation by thwarting rivals to protect its turf, The Modesto Bee said. CEO Bob Piccinini owns at least 93 percent of the company and his stake in the company is worth at least $1 billion, the story said.

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