Save-A-Lot
Save-A-Lot is an American discount supermarket chain headquartered in Earth City, Missouri. It is a subsidiary of Onex Corporation, a private equity firm. Save-A-Lot operates over 1,000 stores across the United States, offering a variety of grocery items at lower prices compared to traditional supermarkets.
History[edit | edit source]
Save-A-Lot was founded in 1977 by Bill Moran, who aimed to create a smaller, more efficient grocery store model. The first store opened in Cahokia, Illinois. The company expanded rapidly, and by the 1990s, it had grown to hundreds of locations. In 2016, Save-A-Lot was sold to Onex Corporation.
Business Model[edit | edit source]
Save-A-Lot's business model focuses on offering a limited assortment of products, primarily private label brands, to keep prices low. The stores are smaller than typical supermarkets, which helps reduce overhead costs. Save-A-Lot also employs a no-frills approach, with minimal store decor and fewer employees.
Products[edit | edit source]
Save-A-Lot offers a range of grocery items, including fresh produce, meat, dairy, frozen foods, and household essentials. The majority of the products are private label brands, which are often produced by the same manufacturers as national brands but sold at a lower price.
Store Locations[edit | edit source]
Save-A-Lot stores are primarily located in urban and suburban areas across the United States. The company has a significant presence in the Midwest, Southeast, and Northeast regions.
Competitors[edit | edit source]
Save-A-Lot's main competitors include other discount grocery chains such as Aldi, Lidl, and Dollar General. These competitors also focus on offering low prices and a limited selection of products.
Related Pages[edit | edit source]
References[edit | edit source]
External Links[edit | edit source]
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Contributors: Prab R. Tumpati, MD