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SN Top 10: Safeway, UNFI, Dollar Tree top the week’s headlines
June 3, 2024
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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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