In 2003, it was announced that had acquired Deals. At the time, Deal$ operated 53 stores across eight Midwestern states. Jeff Noddle, SuperValu president and chief executive officer had said, "We are excited to introduce a general merchandise strategy into our breakthrough grocery format Save-A-Lot through the acquisition of Deals. By following the same disciplined approach that secured 's leadership position, we can positively influence the growth of our extreme value retail business over the long term." Save-A-Lot's entire store network was expanded by approximately 150 stores in fiscal 2003 representing approximately 100 new Save-A-Lot's and the addition of the Deals store base. The acquisition was included in SuperValu's previously announced capital spending plan of $500 - $525 million and was expected to be earnings neutral in fiscal 2003.
In early 2016, Dollar Tree, Inc. re-branded a vast majority of the company's Deals stores as Dollar Tree stores. The conversion of Deals' stores to Dollar Tree was done as part of the parent company's acquisition of .
The Deals Store at 2359 Sycamore Rd. in DeKalb, is closing within the next two to four weeks. Items are quickly moving from the shelves, and exactly how long it takes to consolidate, will determine the exact date of their closing.
Dollar Tree considers the Deals' pharmacy store a test. The chain's "reason for being is to deliver more value to customers -- we're always looking for better ways to do just that," Timothy J. Reid, a company spokesman, tells DailyFinance. "We'll see where it leads." Should the test go well, pharmacies could roll out to other Deals stores, he says.