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SN Top 10: Safeway, UNFI, Dollar Tree top the week’s headlines
June 3, 2024
10 Slides
In this week’s recap of the Top 10 most popular Supermarket News articles, the top story was Yellow Banana’s deal to renovate stores in Chicago is going to ‘fail spectacularly’. Save A Lot is not fulfilling its end of a deal with the City of Chicago, and one market expert is saying officials need to cut bait and move on. Yellow Banana received $13.5 million in subsidies from the city to rehab and open six Save A Lot stores in 24 months, many located in food deserts. In all, including tax increment financing, loans, and federal grants, more than $26 million was put in front of the developers.
More top stories:
Safeway removes self-checkout in some California stores
As May comes to an end, the union movement at UNFI doesn’t stop
5 things: Is private label unstoppable?
Dollar Tree eliminates 54 corporate workers
In other news, shoppers continue to be cautious about buying groceries, but Dollar General announced strong first-quarter financial earnings on Thursday. Net sales for the Goodlettsville, Tenn.-based discount retailer increased 6.1% year over year to $9.9 billion, while same-store sales went up 2.4%.
Other top stories:
Maine inventor launches FlexCube sustainable refrigeration system
The latest in retail media? In-store messaging platforms
California ban on plastic bags likely to become law
Dollar Tree acquires leasing rights of a group of 99 Cents Only Stores
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