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This Low-Cost Grocery Chain Is Reopening a Closed Store and Upgrading 6 Others — Eat This Not That

Grocery buying has been something however regular for the previous few years, and the development is not stopping now. Huge modifications are coming to Save A Lot shops in one of many nation’s largest cities.

Yellow Banana LLC—a retail grocery platform that at present owns 38 Save A Lot places throughout 5 metropolitan areas—has formally introduced that plans to renovate six Chicago space shops are nicely underway. Plus, one other retailer that was shuttered again in 2020 will return to the scene.

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The Save A Lot renovations will start within the fall and have an effect on each the South and West Facet neighborhoods of Chicago, that are areas that at present supply restricted entry to each low-cost and nutritious meals.

Consumers in these Chicago communities will nonetheless get pleasure from all of the familiarities of their native Save A Lot, however may also profit from huge enhancements each inside and outdoors the constructing. Every of the six shops will obtain a contemporary paint job, new HVAC system, refreshed signage and decor, plus up to date flooring, lighting, and circumstances for each dairy and meat merchandise.

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Yellow Banana anticipates wrapping up all remodels by the top of 2022, on the similar time the Save A Lot retailer on town’s South aspect at 7908 S Halsted Avenue is scheduled to renew operations.

A complete of $26 million will go in direction of fueling the bold mission, with contributions from Yellow Banana itself paired with a substantial Neighborhood Improvement Grant of $13.5 million awarded by town of Chicago and Mayor Lori Lightfoot.

The grant is a part of the Chicago Restoration Plan—an effort meant to stimulate financial restoration throughout town following the pandemic. The Save A Lot shops are amongst 79 complete companies—a lot of them food-related—which acquired a portion of the practically $50 million in allotted funds.

Grocery store Information says Michael Nance, the co-founder of 127 Wall Holdings—the funding firm which owns Yellow Banana—stated in a press release: “We all know how crucial entry to high-quality meals at inexpensive costs is in lots of of those neighborhoods–I personally having been raised in a neighborhood with many similarities–and we’re honored to have the ability to serve them.

Megan Hageman

Megan is a contract author primarily based in Columbus, Ohio. Learn extra

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