The Save-a-Lot grocery chain has succeeded by going into urban and rural low-income areas that other chains have shied away from.
While other large grocers like Albertson's have been forced by the recession to scale back, Save-a-Lot has been aggressively expanding. The company has strategically adapted empty big box stores, usually pairing up with another value-oriented retailer to split the large spaces.
"At the moment, it's possible to lease empty boxes at a 20 percent to 30 percent discount compared to their average rent in 2007, says [Scott Corbin, director-retail services with Colliers International]. In addition to being able to fill a vacancy, landlords are happy to bring in a supermarket tenant with good credit, he notes."
FULL STORY: Save-a-Lot Grows By Targeting Low-Income Neighborhoods.
Traditional Retail is Hanging by a Thread. What Now for Cities?
After Kaid Benfield paints a rather grim retail outlook — where even retail bastions like San Diego are going dark — he suggests a series of actions for city leaders and planners.
January Must-Reads: Top 10 Articles From Last Month
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DC Announces ‘Office to Anything’ Adaptive Reuse Program
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What ‘The Brutalist’ Teaches Us About Modern Cities
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San Diego to Rescind Multi-Unit ADU Rule
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The VW Bus is Back — Now as an Electric Minivan
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Study: Walkability Can Help Reduce Dementia Risk
Walkable neighborhoods offer natural opportunities to stay active and engaged with friends and neighbors, increasing residents’ chances of remaining mentally and physically healthy longer.
Empower LA: The LA2050 Grants Challenge
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Take a Walk: Why Step Count Is the Most Valuable Fitness Metric
Step count remains the most valuable fitness metric for longevity and well-being, offering a simple yet powerful way to track daily movement, reduce health risks, and promote active lifestyles without reliance on complex data or technology.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
City of Edmonds
City of Albany
Harvard GSD Executive Education
UCLA Lewis Center for Regional Policy Studies
Mpact (formerly Rail~Volution)
City of Piedmont, CA
Great Falls Development Authority, Inc.
HUDs Office of Policy Development and Research