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September 12, 2023

What Time Does Save A Lot Close?

Save a lot is an American Discount Supermarket chain with more than 1,300 locations across the United States. It offers groceries, meat, produce and household items at a low price point. The company’s headquarters are in Earth City, Missouri. Customers can find out more about the store’s hours of operation by visiting its website or calling customer service.

The company was founded in 1977 by Bill Moran as an alternative to larger supermarkets. Its name comes from the fact that shoppers can buy a lot of different items for less money than at other stores. Moran’s first Save A Lot opened in Cahokia, Illinois. The store was the first of its kind to offer a large variety of products at lower prices than other markets.

In 1984, Save A Lot purchased 75 similar format Jewel T stores and two distribution centers. This expansion was part of a strategy to reduce the company’s dependence on wholesalers, and to increase the number of local owners in its chain. The acquisition also made Save A Lot a competitor with conventional Supervalu-supplied grocery retailers, such as Cub Foods and Scott’s Food & Pharmacy.

In March 2020, Save A Lot parent Moran Foods LLC refinanced its debt facilities in order to provide more liquidity and financial flexibility. The company’s lenders canceled approximately $500 million in debt and provided a $350 million capital infusion. In addition, the company reduced staff at its Coxsackie, New York, and St. Louis support centers, but only a limited number of jobs were affected.