SN top 10: Save A Lot, Publix, Kroger, Albertsons top the week's headlines
August 14, 2023
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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