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Article: In the Midst of Recession, Save-A-Lot Food Stores Provides a Stimulus Package of Its Own.
- Article from:
- Business Wire
- Article date:
- March 12, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Save-A-Lot Invests in the New Orleans Economy by Building Three New Stores in Underserved Neighborhoods and Providing 100 Jobs
ST. LOUIS -- While many businesses are shuttering in response to the economic downturn, Save-A-Lot Food Stores is expanding. The nation's leading extreme-value grocery chain will open three new stores in New Orleans this week to help spur the city's revitalization effort.
Despite tough times, the Big Easy is making a big comeback 3u years after Hurricane Katrina devastated the region. New Orleans has seen an uptick in its population recently and the unemployment rate is at 4.9 percent, far better than the nation as a whole. ...