Grocers Succeeding in Low-Income Areas

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.


Prepare for the AICP* Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $245

Essential Readings in Urban Planning

Planning on taking the AICP* Exam? Register for Planetizen's AICP * Exam Preparation Course to save $25.
Habitat blockitecture tower

Build the world you want to see

Irresistible block set for adults when placed on a coffee table or desk, and great fun for kids.
Woman wearing city map tote bag

City Shoulder Totes - New Cities Added!

Durable CityFabric© shoulder tote bags available from 9 different cities.