Save A Lot Sells Six More Corporate Stores

After the close of the deal, which affects two stores in Dallas and four in Jacksonville, Fla., Yellow Banana will operate 38 Save A Lot stores in five states.


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On-the-spot interviews will be conducted at Dollar Tree and Family Dollar stores and distribution centers as the discounter strives to ramp up hiring.

The company, which has lost ground in the discount wars to competitors with greater variety, and whose single-price-point approach is facing intense pressure from cost inflation, said 5,000 more “Plus!” stores are on the way.

The new store, set to open next spring in Athol, Idaho, would leave only Montana, Hawaii and Alaska as U.S. states without the little yellow discounter.

The sale represents an opportunity to invest in underserved communities in three major Midwestern cities, the founders of the stores' new owner say.

U.K. grocery analyst Steve Dresser provides exclusive photos of the bargain retailer's store that opened this month in the northern England city of Preston.

Newly opened in the U.K., and now reportedly eyeing expansion to the U.S., Mere brings old-school discounting with plenty of trade-offs, the author says.

Dollar General touts progress in food; Dollar Tree reviews freight woes, as they separately reported financial results.

Save A Lot is stepping out from years of quiet reinvention with an energetic and distinct new message that customers like “like, a lot a lot,” Marketing SVP Tim Schroder says.

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