Save A Lot
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| Type | Grocery |
|---|---|
| Founded | 1977 |
| Headquarters | St. Louis County, Missouri |
| Industry | Retail |
| Products | Bakery, dairy, deli, frozen foods, general grocery, meat, produce, seafood, snacks, liquor |
| Website | http://www.save-a-lot.com/ |
Save-A-Lot is a grocery store chain that is the thirteenth-largest retail chain and sixth-largest chain under a single banner with more than 1200 stores in the United States with over $4 billion in sales. The company is headquartered in unincorporated St. Louis County, Missouri,[1] and is a wholly owned subsidiary of Supervalu. Most locations are owned and operated by independent owners under agreement with Supervalu.
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History and niche
Save-A-Lot was founded in 1977 by Bill Moran and Chase Gabbard and competes directly against ALDI food stores. Save-A-Lot typically employs full time meat personnel, and continues to offer fresh meat cut in-store. Save-A-Lot has historically occupied about 12,000 sq ft (1,100 m2). of sales floor. Unlike ALDI, Save-A-Lot accepts coupons. Like ALDI and other no-frills retailers, Save-A-Lot accepts debit cards, EBT cards and cash. Most Save-A-Lot stores also accept credit cards and checks. Store hours vary by location.
Store format
Save-A-Lot's store format is a limited-selection store, also known as an "edited assortment". A edited-assortment store is a store that carries a small selection of popular items, usually only in the most common size. Save-A-Lot reportedly[who?] carries about 90% of customers' daily food needs. Save-A-lot stores have about 1,250 grocery items per store and restrict their store sizes to roughly 15,000 square feet (1,400 m²) including back room. They carry "exclusive label brands" as well as name brands which rotate on a monthly or weekly basis.
Most stores lack grocery-store style shelving, and instead have the items in specially printed cut-out cardboard shipping cases on industrial-style shelving. Some stores (particularly in the southeast US) have standard grocery-store style shelving. Save-A-Lot stores do not generally offer free bags. Customers typically bring their own bags and bag their own groceries. Stores typically charge customers for bags—usually at 3 cents for plastic bags, 5 cents for paper grocery bags, 10 cents for reusable "poly" bags and 99 cents for reusable cloth bags. Some stores offer scrap cardboard boxes to customers for free to use in lieu of bags.
Deal$
Save-A-Lot purchased the Deal$ dollar store chain in 2002. Many Deal$ stores are located physically inside of Save-a-Lot stores in a format they call the Hybrid Store. On February 26, 2006, Save-A-Lot announced that it is selling Deal$ to Dollar Tree Stores, Inc. for $30.5 million.
See also
References
- ^ News & Media. Save-A-Lot. Retrieved on August 19, 2009.
External links
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