Yellow Banana Closes $26.5 Million Transformative Investment in Six Grocery Stores on Chicago’s South and West Sides

April 24, 2023 Yellow Banana

Yellow Banana, the owner and operator of eight Save A Lot locations in the Chicagoland area, today announced the March 31, 2023 closing of a $26.5 million investment into grocery stores on the South and West Sides of Chicago. This transaction marks the next step in Yellow Banana’s ongoing commitment to underserved communities throughout the City of Chicago and the U.S.

Yellow Banana Partners with Flashfood, Bringing the Grocery-Savings App to Over 30 Save A Lot Stores Across the U.S.

December 9, 2022 Flashfood

 Yellow Banana, a retail grocery platform that owns and operates over 30 Save A Lot locations in the U.S., today announced its partnership with Flashfood, a digital marketplace that provides customers with access to heavily discounted food nearing its best-by date. The food waste reduction app is now available at all Yellow Banana Save A Lot locations, expanding Flashfood’s presence to Dallas, TX, and Jacksonville, FL, for the first time.

127 Wall and Yellow Banana Partner with the City of Chicago in Tackling Food Deserts

July 21, 2022 Save A Lot

Yellow Banana, the owner and operator of eight Save A Lot locations in the Chicagoland area, today announced the receipt of a $13.5 million Community Development Grant from Mayor Lori Lightfoot and the City of Chicago that will enable Yellow Banana to invest in significant upgrades to its existing Chicago stores, as well as to re-open a location in the Auburn-Gresham neighborhood that closed in 2020.

Save A Lot Expands Retail Partnership With Yellow Banana Through Sale of Corporate Stores in Texas and Florida

November 9, 2021 Save A Lot

Save A Lot, one of the largest discount grocery chains in the U.S., today announced the sale of six company-owned stores in Dallas, Texas, and Jacksonville, Florida, to Yellow Banana, LLC as part of Save A Lot’s ongoing efforts to convert corporate-owned stores to local ownership. Yellow Banana’s acquisition will enable these six stores to remain open, providing critical support to both the communities in question and the nearly 100 store associates employed.