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Save A Lot stores set to close Saturday after years of turmoil, recent CEO death threatens city-funded deal

First publishedJul 21, 20:11 UTC
Last updatedJul 21, 23:22 UTC · 12m ago
11 outletChicago Sun-Times
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<p>After opening seven Save A Lot discount grocery stores on Chicago’s South and West sides with a promise to address food deserts, embattled operator Yellow Banana is <a class="Link" href="https://chicago.suntimes.com/the-watchdogs/2026/06/06/save-a-lot-yellow-banana-canfield-death-default-chicago-food-access-redevelopment-deal" target="_blank" >set to shutter all stores</a> this weekend, leaving predominantly Black and brown residents without a grocery store.</p><p>Save A Lot says it’s cutting ties with Yellow Banana and will “end [its] arrangement,” company spokesperson Sarah Griffin said in a statement. Without Save A Lot corporate's support, operator Yellow Banana will close all its stores, a few years after promising residents they would undo reputational damage to the Save A Lot brand.</p><p>“Financial headwinds” under Yellow Banana’s ownership are the cause of terminating the relationship, Griffin said.

Reported by 1 outlet Chicago Sun-Times. See all sources ↓

<p>After opening seven Save A Lot discount grocery stores on Chicago’s South and West sides with a promise to address food deserts, embattled operator Yellow Banana is <a class="Link" href="https://chicago.suntimes.com/the-watchdogs/2026/06/06/save-a-lot-yellow-banana-canfield-death-default-chicago-food-access-redevelopment-deal" target="_blank" >set to shutter all stores</a> this weekend, leaving predominantly Black and brown residents without a grocery store.</p><p>Save A Lot says it’s cutting ties with Yellow Banana and will “end [its] arrangement,” company spokesperson Sarah Griffin said in a statement. Without Save A Lot corporate's support, operator Yellow Banana will close all its stores, a few years after promising residents they would undo reputational damage to the Save A Lot brand.</p><p>“Financial headwinds” under Yellow Banana’s ownership are the cause of terminating the relationship, Griffin said. Save A Lot points to “dramatic cuts to SNAP benefits,” as significant challenges. </p><p>The company was unable to find a path forward to keep the stores open, and notified Yellow Banana at the end of June that it would be terminating its operational agreement.

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What's the story?
<p>After opening seven Save A Lot discount grocery stores on Chicago’s South and West sides with a promise to address food deserts, embattled operator Yellow Banana is <a class="Link" href="https://chicago.suntimes.com/the-watchdogs/2026/06/06/save-a-lot-yellow-banana-canfield-death-default-chicago-food-access-redevelopment-deal" target="_blank" >set to shutter all stores</a> this weekend, leaving predominantly Black and brown residents without a grocery store.</p><p>Save A Lot says it’s cutting ties with Yellow Banana and will “end [its] arrangement,” company spokesperson Sarah Griffin said in a statement. Without Save A Lot corporate's support, operator Yellow Banana will close all its stores, a few years after promising residents they would undo reputational damage to the Save A Lot brand.</p><p>“Financial headwinds” under Yellow Banana’s ownership are the cause of terminating the relationship, Griffin said.
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1 outlet, average source rating 6.0/10.
When was it last updated?
12m ago.
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    Save A Lot stores set to close Saturday after years of turmoil, recent CEO death threatens city-funded deal

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