Sponsored By

SN top 10: Save A Lot, Publix, Kroger, Albertsons top the week's headlines

August 14, 2023

10 Slides
sn-top-10.png

In this week’s recap of the Top 10 most popular Supermarket News articles, Save A Lot sells off the last of its stores ranked as the week’s top story. Longtime discount grocery store operator Save A Lot, based in Saint Ann., Mo., said this week it had sold the last of its stores to a licensee. It will continue to operate as a wholesaler and licensor to the Save A Lot store network. Castle Rock, Colo.-based Leevers Supermarkets, a current Save A Lot store operator that also operates stores under the El Mercado de Colorado and Leevers Locavore banners, is acquiring Save A Lot’s last remaining 18 stores in the St. Louis market. Terms of the transaction were not disclosed.

Among other top stories: 

  • Publix plans to add ‘hundreds’ of IT jobs

  • Kroger, Albertsons CEOs tout merger together in new video

  • 5 things top news: Kroger, Albertsons merger scores a victory

  • Amazon makes biggest grocery pivot since Whole Foods

In other news, grocery Outlet’s second quarter performance was better than expected, and so far in 2023 net sales have increased 14.3%. During the second quarter period that ended July 1, net sales were up 12.5% ($1.01 billion) year-over-year, while comparable store sales rose 9.2% vs. Q2 2022 driven by a 9.1% increase in the number of transactions even though average transaction size was flat.

Other top stories:

  • Private label wine is turning into big business for grocery

  • Amazon will now sell Whole Foods 365

  • HelloFresh boosts Q2 margins in U.S., Canada

  • Instacart shoppers say highest-earning orders have higher demands

 

Stay up-to-date on the latest food retail news and trends
Subscribe to free eNewsletters from Supermarket News