Who is save a lot owned by

I call it a listening tour. What made you feel that Tampa Bay was the right next to step to expand your company? One, I think that the demographics and population trends are really solid in this market. I think that the diversity and workforce in this market are so solid that it really fits a hard-discount model. They are really in need of a solid, hard discount, limited assortment, neighborhood grocer. I was very concerned with Publix and their market dominance. I have the highest level of respect for the Publix organization and their leadership and I think that they are possibly the best retailer in the country.

But that said, the Save A Lot model affords us the opportunity to serve a different niche and serve different neighborhoods. So where shopping is a pleasure at Publix, I really am going to aim to make saving a pleasure at Save A Lot.

Want more of our free, weekly newsletters in your inbox? Save A Lot launched a new store with an updated floor plan in Tampa in Are there plans to remodel the rest of the locations? I bought 51 stores, of which four have been converted to the new model. That will be consistently executed across the stores.

You have several brands under your umbrella already and a lot on your plate, but do you see yourself growing the Save A Lot stores beyond Tampa? I trust our intuition on this. I believe that the Save A Lot partnership is one that we can be successful with. We can build a sustainable model with a hard-discount grocery operation in more markets than Tampa for sure.

I love being around the teammates in the stores and listening to them, getting direction, guidance, insight from them and the customers. My last question for you is really from one grocery nerd to another. With the growth in the grocery industry over the last year, especially with pick-up and delivery, what do you see some of the next trends being in ?

E-commerce has taken a huge gain in market share over the last year. And I think people realize that where they shop makes a difference and supporting their local grocer is something that, perhaps, they took for granted in the past.

Subscribe Manage my subscription Activate my subscription Log in Log out. Regions Tampa St. Save A Lot operates 13 dedicated distribution centers to keep its stores stocked with a reduced number of SKUs, allowing for greater operational efficiency, higher velocity, and increased buying power.

This simpler, more efficient sourcing process allows Save A Lot to pass on better margins to its retail partner customers and better prices to its end grocery consumers. Brand Rein v estment and Gro w th. Save A Lot has recently refreshed our branding, introducing fresh prototype remodels and reinvesting capital into remodel assistance programs. These are just two examples of new assets designed to help retail partners jumpstart their business.

Retail Partner-focused Business Model. Our business strategy focuses on the success of our retail partners. We provide them with numerous valuable support services to help them see strong returns. Real Estate Guidance. Location is a key success factor for retail businesses. Ongoing Support. Save A Lot does whatever it takes to keep our independent retail partners on the right track. On average, we have fewer than 3, SKUs per store, tailoring our in-store selection to the families and communities we serve.

Fewer SKUs allow much greater operational efficiency, higher velocity, and increased buying power. We want o w ners w ho w ill be acti v e in the business Our Operational and Financial Qualifications. Real Estate Considerations. Typical parking ratio of 4 spaces per 1, sq. A w ard- w inning pri v ate label brands. Currently a Grocery Store Owner? If you already own one or more grocery stores, converting to Save A Lot could be your opportunity to upgrade to a more competitive model.

Our limited SKU system increases efficiency and profitability, while our deep discount concept allows you to leverage the high demand for savings. Becoming a Retail Partner. Reviewing financial statements Presenting licensing agreement Getting to know our team Breaking down the estimated initial investment. Building Your Retail Grocery Business.

Running Your Business. Leveraging support resources Following our proven business model Building up your customer base Creating a reputation within the community.

For a limited time, we are relicensing many of our corporate stores to independent retail operator locations. This unique opportunity dramatically reduces the time it takes to become a Save A Lot independent retail operator! View Available Communities. Do You Ha v e Questions? Too many to list here! Save A Lot is a favorite among customers because our shopping experience is simple. We have what they need so they can get in and get out without any hassle.

Best of all, our prices are highly competitive, even with big box stores. Are you a grocery store franchise?

That means more flexibility and less fees. Unlike other licensed businesses, we provide comprehensive support at every stage. You are your own boss, but you can count on us to support you on the operations and IT side. What kind of experience do I need to open a grocery store location? How much does it cost to open a new Save A Lot supermarket location? Know that we are willing to work with outside financing. Let's tal k about your Sa v e A Lot location.