Houchens Industries

6 BUSINESS VIEW MAGAZINE VOLUME 9, ISSUE 12 The Growing Grocery Store Industry There’s never been a better time to invest in a strong value grocery business model like Save A Lot. The $818 billion grocery industry has been growing for years and is often valued for its recession resistance. Notably, grocery is one of the only industries that didn’t take a major hit during the pandemic. What’s more, discount grocery is growing explosively, with amongst the highest growth rates in retail. According to Coresight Research, discount grocery grew at 10% in 2022 (compared with an 8% growth rate for the grocery industry as a whole). And today, discount grocery in the U.S. has only a 7% market share, which means there’s plenty of room for newcomers. You can count on our team to help you get started on the right track. A Highly-Efficient Business Model Starting any new business requires a significant investment, and you’ll want to be sure you’re getting the most for your money. Save A Lot values efficiency and makes things simple for customers and retail partners. For instance, we manage 8 best-in-class distribution centers that keep all of our stores stocked with the inventory they need. Because we control our own distribution, retail partners can look forward to fast service, simple ordering procedures, and consistently low prices. At the store level, most of our locations are around 15,000 square feet, a smaller footprint that provides a faster, easier shopping experience. We stock our shelves with a limited assortment of national brands and award-winning private label products that make for a highly convenient shopping experience for our customer while also providing a highly-efficient operating model for our retail partners. The result is lower overhead costs for retail partners and unbeatable convenience and value for customers. We’ll Show You the Ropes While a grocery background is always a plus, we work with retail partners of all experience levels, from first-timers to longtime grocers. Our comprehensive training program is designed to get you up to speed quickly on running your Save A Lot efficiently and effectively. You’ll also enjoy valuable resources as you grow your business, including: • Site selection support • Operations and distribution support • A detailed operations manual • Ongoing training as-needed and much more. Get Started Today We believe every neighborhood deserves convenient access to fresh, affordable food. Let us help you make it happen in your hometown. To get started, visit www.ownasavealot.com today. Why Become a Save A Lot Retail Partner?