Discount grocer Save-A-Lot plans five new Philadelphia-area stores. The chain has found two new locations in North Philly, at 7th and Lehigh and 5th and Allegheny; another on Knights Road in the Northeast; and one each in Norristown and Lindenwold. Save-A-Lot is also adding stores in Bridgeton, N.J., and Lebanon, Pa., says broker Metro Commercial Real Estate, whose broker Michael Murray found the locations.
Save-A-Lot operates 1,300 U.S. stores including at least 10 in Philadelpha and its closest South Jersey suburbs. Of the new stores, the city locations are each around 17,000 sqare feet; Norristown is larger, at 19,500 sf; Lebanon is the smallest of the group at 15,000 sf. Save-A-Lot is owned by U.S. grocery holdings giant SuperValu Inc. (a former owner of Acme Markets, which is now co-owned by Cerebrus Capital, Philadelphia's Lubert-Adler Partners and other investors).