Save-A-Lot

Save A Lot Sells Remaining Corporate Stores, Completes Transition to 100% Licensed Wholesaler

Retrieved on: 
Monday, August 7, 2023
Supermarket, Retail, Discount, Variety, Food, Beverage, Lot, Save-A-Lot, Sam Leever, St. Louis

Save A Lot, one of the largest discount grocery chains in the U.S., announced the re-licensing of its remaining 18 company-operated stores, finalizing its ongoing strategy to shift ownership and operations of all Save A Lot locations to independent, licensed ownership and to foster continued brand growth as a licensed wholesaler.

Key Points: 
  • Save A Lot, one of the largest discount grocery chains in the U.S., announced the re-licensing of its remaining 18 company-operated stores, finalizing its ongoing strategy to shift ownership and operations of all Save A Lot locations to independent, licensed ownership and to foster continued brand growth as a licensed wholesaler.
  • “Since its inception, Save A Lot has filled an important need as a discount, high quality hometown grocer in each community it serves.
  • Through an emphasis on serving and supporting its Retail Partners, Save A Lot has built a sustainable, high-growth and community-focused business while remaining true to its mission of providing unmatched value to its customers.
  • “We are excited to expand our collaboration with the Leevers team, who have been fantastic partners, strong operators and excellent ambassadors of the Save A Lot brand,” said Bergmann.

Yellow Banana Closes $26.5 Million Transformative Investment in Six Grocery Stores on Chicago’s South and West Sides

Retrieved on: 
Monday, April 24, 2023
Supermarket, Retail, Other Retail, Food, Beverage, Yellow Banana, Lighting, Military, Yale Law School, Estate, Local Initiatives Support Corporation, Save-A-Lot, Organization, HVAC, NMTC, City, U.S. Bancorp, Walmart, Economic development, Harvard Business School, Capital Impact Partners, Community development, Piper, Meat, DLA Piper, CNI, Real estate

Yellow Banana, the owner and operator of eight Save A Lot locations in the Chicagoland area, today announced the March 31, 2023 closing of a $26.5 million investment into grocery stores on the South and West Sides of Chicago.

Key Points: 
  • Yellow Banana, the owner and operator of eight Save A Lot locations in the Chicagoland area, today announced the March 31, 2023 closing of a $26.5 million investment into grocery stores on the South and West Sides of Chicago.
  • This transaction marks the next step in Yellow Banana’s ongoing commitment to underserved communities throughout the City of Chicago and the U.S.
  • The investment combines a $13.5 million Community Development Grant that the City previously awarded to Yellow Banana in July 2022 with New Markets Tax Credits, third-party financing and funding from Yellow Banana.
  • Yellow Banana is owned by 127 Wall, which was co-founded by Michael Nance, Ademola Adewale-Sadik and Walker Brumskine.

Save A Lot Selects SymphonyAI Retail CPG Supply Chain Solutions To Modernize and Expand Its Core Merchandising Systems

Retrieved on: 
Tuesday, February 7, 2023
Retail, Data Management, Technology, Marketing, Consulting, Communications, Other Consumer, Professional Services, Supply Chain Management, Convenience Store, Discount, Variety, Supermarket, Software, Food, Beverage, Consumer, Master data management, MDM, ROI, Save-A-Lot

SymphonyAI Retail CPG , a SymphonyAI vertical, today announced its selection by supermarket chain Save A Lot for data-driven supply chain solutions that provide more accurate end-to-end insights and enable grocers to better meet shopper needs while minimizing stockouts and substitutions.

Key Points: 
  • SymphonyAI Retail CPG , a SymphonyAI vertical, today announced its selection by supermarket chain Save A Lot for data-driven supply chain solutions that provide more accurate end-to-end insights and enable grocers to better meet shopper needs while minimizing stockouts and substitutions.
  • The SymphonyAI Retail CPG solutions being implemented by Save A Lot include Master Data Management (MDM), Core Merchandising, Insights, Vendor Portal and Retail Operations.
  • “At Save A Lot, we have undertaken a strategic transformation from grocery retailer to licensed wholesaler,” said Jennifer Hopper, chief information officer, Save A Lot.
  • “We are pleased to partner with an innovative grocery wholesaler like Save A Lot to speed and streamline supply chain and store operations, enhancing both shopper experience and business performance,” said Raj Marimuthu, general manager of supply chain management, SymphonyAI Retail.

Save A Lot Donates More than 130,000 Bags of Food to Charities Across the Country

Retrieved on: 
Wednesday, January 18, 2023
Professional Services, Philanthropy, Environmental, Social and Governance (ESG), Retail, Other Philanthropy, Supermarket, Food, Beverage, Heart, Organic, Hunger, Senior, Acosta Sales & Marketing, Save-A-Lot, Share Our Strength, Bag, Lot, Save, Grocery store, Toy

Throughout November and December, Save A Lot customers across the country supported their local communities by purchasing pre-assembled bags of food that were donated to local food charities and pantries, such as Feeding Tampa Bay, the Father Fred Foundation and numerous local and regional food banks and pantries.

Key Points: 
  • Throughout November and December, Save A Lot customers across the country supported their local communities by purchasing pre-assembled bags of food that were donated to local food charities and pantries, such as Feeding Tampa Bay, the Father Fred Foundation and numerous local and regional food banks and pantries.
  • To further amplify the program’s impact, Save A Lot matched donation efforts for more than 120 top selling stores with a financial contribution to each store’s partner charity.
  • Each bag was stocked with private label and brand name food items, including pasta, stuffing mix, canned beans, meats and other pantry staples from Save A Lot.
  • “Save A Lot plays an important role in many of these communities, providing families with access to fresh, high quality food options every day.

Save A Lot Appoints Retail Executive Cathy Skula to Board of Directors

Retrieved on: 
Wednesday, January 11, 2023
Food, Beverage, Other Retail, Discount, Variety, Retail, Supermarket, Entrepreneurship, Division, Penn State Board of Trustees, Operating partner, Save-A-Lot, Growth, Rent-A-Center, Multimedia, Management, Operation

Moran Foods, LLC (Save A Lot) today announced that Cathy Skula has been appointed to the Company’s Board of Directors as an Independent Director, effective immediately.

Key Points: 
  • Moran Foods, LLC (Save A Lot) today announced that Cathy Skula has been appointed to the Company’s Board of Directors as an Independent Director, effective immediately.
  • View the full release here: https://www.businesswire.com/news/home/20230111005838/en/
    Ms. Skula, who currently serves as Operating Partner of Riverside, a global investment firm, brings to the board more than 30 years’ experience in retail.
  • “Cathy is an outstanding leader with a demonstrated record of driving growth,” said Leon Bergmann, Chief Executive Officer, Save A Lot.
  • I have no doubt she will be invaluable to our team as we progress through the next phase of our transformation.”
    “We are delighted to welcome Cathy to our Board of Directors,” said Justin Shaw, Chairman of the Board.

Save A Lot Announces Successful Refinancing Transactions

Retrieved on: 
Thursday, January 5, 2023
Supermarket, Retail, Discount, Variety, Food, Beverage, Growth, Save-A-Lot, Term loan, Credit, FILO, Sale, Term, ABL, Bank, Supermarket, Retail, Discount, Variety, Food, Beverage

Moran Foods, LLC (Save A Lot) today announced the successful closing, effective December 30, 2002, on the refinancing of debt facilities put in place at the time of the Company’s 2020 restructuring.

Key Points: 
  • Moran Foods, LLC (Save A Lot) today announced the successful closing, effective December 30, 2002, on the refinancing of debt facilities put in place at the time of the Company’s 2020 restructuring.
  • A total of approximately $22 million of existing Second-Lien Term Loans were not extended and will mature on October 1, 2024.
  • The Company also extended $15 million of commitments under the Super-Senior Credit Facility to June 30, 2026.
  • The benefits of this include improved liquidity, increased operational flexibility, and lower borrowing costs,” said Leon Bergmann, Chief Executive Officer of Save A Lot.

Save A Lot Stores Roll Out Special Holiday Savings Program for Shoppers

Retrieved on: 
Monday, December 5, 2022
Food, Beverage, Marketing, Retail, Communications, Supermarket, Save, Vegetable, USDA, Save-A-Lot, Lot, Marketing, Online shopping, Grocery store, TikTok, Twitter

We know everyone is looking to ways to save money anywhere they can right now, said Tim Schroder, Chief Sales and Marketing Officer at Save A Lot.

Key Points: 
  • We know everyone is looking to ways to save money anywhere they can right now, said Tim Schroder, Chief Sales and Marketing Officer at Save A Lot.
  • Save A Lot believes that everyone should have access to fresh, high quality food options, no matter the neighborhood.
  • Founded in 1977, Save A Lot is one of the largest discount grocery store chains in the U.S., with more than 850 stores in 32 states.
  • True to its mission of being a hometown grocer, Save A Lot provides unmatched quality and value to local families.

Save A Lot Stores to Do “A Lot of Good” This Holiday Season; Invite Shoppers to Help Neighbors in Need Through Annual Food Donation Program

Retrieved on: 
Monday, November 14, 2022
Men, Retail, Family, Consumer, Other Philanthropy, Philanthropy, Marketing, Supermarket, Fund Raising, Communications, Foundation, Women, Seniors, Food, Beverage, Senior, Food, Share Our Strength, Save-A-Lot, Hunger, Multimedia, Marketing, Vegetable, Organic, Meal, USDA, Poverty, Lot, Save, Bag, Grocery store, Toy, TikTok, Twitter

Each bag is stocked with private label and brand name food items, including pasta, stuffing mix, canned beans and other pantry staples from Save A Lot.

Key Points: 
  • Each bag is stocked with private label and brand name food items, including pasta, stuffing mix, canned beans and other pantry staples from Save A Lot.
  • Given that $1 invested can help provide 10 meals** for children, Save A Lot encourages all shoppers to help make an impactful difference for youth across the country.
  • No Kid Hungry has a plan to help make sure those children get the healthy meals they need to thrive.
  • Our Bags for a Brighter Holiday program gives Save A Lot shoppers a direct way to help us do a lot of good.

No Kid Hungry Partners with National Brands to End Childhood Hunger this Holiday Season with Gifts that Give Back

Retrieved on: 
Tuesday, November 1, 2022
Online, Awareness, Meals on Wheels, Popeyes, The Habit Burger Grill, Child, Florida Panhandle, Family meal, Save-A-Lot, Pottery Barn, Simple, Citigroup, Meal, Poverty, Ocean Spray, QVC, Share Our Strength, Kimpton, Lot, Sale, Saladworks, Hope, Social media, Warner Bros., Food, Table, Circle K, Hickory Farms, Family, Beech-Nut, Hunger, Multimedia, Kimpton Hotels & Restaurants, Toy, Airline, Eggo, Fetch, Nature, Cheerios

WASHINGTON, Nov. 1, 2022 /PRNewswire/ -- All children deserve a season filled with holiday cheer, but 9 million kids in the U.S. are living with hunger. That's why No Kid Hungry, a national campaign to end childhood hunger in America, is partnering with national brands to provide hope and healthy meals to kids across the country this holiday season and all year long. As consumers plan their holiday shopping lists this year, it's easy to give back and support No Kid Hungry's work through a number of seasonal products and promotions offered by national brands including Citi, Williams Sonoma, Denny's, Hickory Farms and more. Every $1 donated to No Kid Hungry this holiday season can help connect a child with 10 healthy meals. *

Key Points: 
  • That's why No Kid Hungry , a national campaign to end childhood hunger in America, is partnering with national brands to provide hope and healthy meals to kids across the country this holiday season and all year long.
  • Every$1donated to No Kid Hungry this holiday season can help connect a child with 10 healthy meals.
  • Seasonal gifts and holiday promotions that support No Kid Hungry include:
    Citi: On November 29, Giving Tuesday, Citi will be matching donations to No Kid Hungry, up to $500,000.
  • Pottery Barn Kids:This holiday season, Pottery Barn Kids is donating 50% of the retail price of their No Kid Hungry Sherpa Bear Ornament directly to No Kid Hungry.

Gourmet Provisions International Corp. (GMPR) Announces Maryland Save a Lot Grocery Stores Locations

Retrieved on: 
Friday, September 30, 2022
Adult, Angus cattle, LGBT, Social media, Industry, White onion, Reading, NASDAQ, Red, Bellum Entertainment Group, Lot, Child, Multinational corporation, WHEN, Acquisition, Life, Toys "R" Us Canada, Food, Cooking, Gourmet, Save-A-Lot, OTC Markets Group, Wine, News, Partnership, Friends, Jack Brewer, GLOBE, Marketing, Business development, Butter, Pizza, EAT, SHI International Corp, Parmigiano-Reggiano, Pizza Fusion, Yellow Peppers, Family, Awareness, Food delivery, Online shopping, Fast food, Restaurant, Asiago, Romano, HomeGoods

Select Maryland Save a Lot locations will receive their first delivery of Pizza Fusion Pizzas over the next week and will be in their frozen food section by October 7th.

Key Points: 
  • Select Maryland Save a Lot locations will receive their first delivery of Pizza Fusion Pizzas over the next week and will be in their frozen food section by October 7th.
  • Earlier this year Pizza Fusion launched its Gourmet gluten-free pizzas into 25+ Pennsylvania Save a Lot locations and as a result of its great success in those stores Save a Lot is expanding sales into select Maryland stores.
  • Their immediate and overwhelming response was yes to carrying all 3 pizzas into multiple Maryland locations!
  • About Gourmet Provisions International Corporation:
    Gourmet Provisions International Corp. brought on Jack Brewer as GMPRs Brand Ambassador & Brewer Media & Entertainment Group in October of 2017.