Yellow Banana partners with the City of Chicago in tackling food deserts- Retail
Yellow Banana, the owner and operator of eight Save A Lot locations in the Chicagoland area, today announced the receipt of a $13.5 million Community Development Grant from Mayor Lori Lightfoot and the City of Chicago that will enable Yellow Banana to invest in significant upgrades to its existing Chicago stores, as well as to re-open a location in the Auburn-Gresham neighborhood that closed in 2020.
Save A Lot names chief merchandising officer- Retail
Save A Lot, one of the largest discount grocery chains in the U.S., today announced the appointment of Trey Johnson as its new Chief Merchandising Officer.
Save a Lot completes Philadelphia remodels- Retail
Customers entering their local store will notice a lighter, brighter and easier-to-shop footprint that includes new produce fixtures, LED lighting, updated décor and signage, wider aisles, and new interior and exterior paint.
Save A Lot completes wholesale model transition- Retail
Save A Lot, one of the largest discount grocery chains in the U.S., announced the December completion of its ongoing re-licensing program and its transition to a pure play wholesale model.
Save A Lot sells 33 stores to group led by former Fresh Thyme CEO- Retail
Beginning this year, all Ascend Grocery stores will undergo a significant remodel to fully reflect Save A Lot’s updated brand image. This will deliver an enhanced shopping environment both inside and outside the stores, including new décor, upgraded flooring and lighting as well as updated produce and meat cases.
Save A Lot sells Texas, Florida stores to investor Yellow Banana- Retail
Save A Lot, one of the largest discount grocery chains in the U.S., today announced the sale of six company-owned stores in Dallas, Texas, and Jacksonville, Florida, to Yellow Banana, LLC as part of Save A Lot’s ongoing efforts to convert corporate-owned stores to local ownership.
Save A Lot sells 32 stores to newly-formed grocery investor Yellow Banana- Retail
The deal is part of the discount grocer’s ongoing efforts to convert corporate-owned stores to local ownership. The 32 stores generate annual revenues in excess of $130 million, immediately positioning Yellow Banana as one of Save A Lot’s largest Retail Partners nationwide.
Save A Lot to modernize one-third of stores this year- Featured
Save A Lot, one of the largest discount grocery chains in the U.S., today announced its plan to accelerate investment in its stores as part of the Company’s ongoing modernization efforts.
Save A Lot to sell 94% of stores in wholesale transition- Retail
To date, Save A Lot has executed seven sale transactions, comprising 82 stores, including those being sold to Fresh Encounter. As multiple sale transactions near completion, the company expects to complete its re-licensing program in 2021.
As Grocery Outlet considers IPO, it sees thousands of stores in its future- Retail
Emeryville, CA-based Grocery Outlet said in an SEC filing it plans to double, then quadruple store count as it plans an initial public offering.