Is This Michigan Grocery Store Chain at Risk of Going Out of Business?

Let’s be honest—times are tough for some grocery stores right now. Closures are popping up left and right, and it feels like a lot of places are just struggling to hang on. Whether it’s competition, prices going up, or folks just shopping somewhere else, not every store can keep up. But hey, some are still fighting the good fight.

MSN recently put together a list of grocery store chains in the U.S. that are in danger of going out of business. One grocery chain made the list, and with over 30 locations in Michigan, it means they may be facing some serious challenges.

Making MSN's top five list of grocery stores in danger of going out of business was Save-A-Lot, a brand known for its budget-friendly prices. But even with the cheap prices, the chain’s been having a tough time holding onto customers and competing with the big guys. With more people heading to big-box retailers or shopping online, Save-A-Lot’s future is looking a little shaky.

See Also: Big Lots Announces 19 More Closures—How Many Are in Michigan?

Look, it's no secret that the company has been struggling a bit. In 2023, they shut down 42 stores, and this trend has continued into 2024.

MSN:

With many store closures and declining customer loyalty, it may not be around much longer. However, something unique about Save A Lot is that each of its stores is independently owned and operated. This means that in areas where customers still value the store, it is likely to stay open.

Does all this mean the company is going under? No, of course not. It just means they’re facing some tough times and are trying to adjust.