The Save A Lot Grocery store in Manchester will close next week! The store will close on June 1st according to a sign on the door. The grocery store is located in the former Shaw's Supermarket space on the corner of Broad Street and East Center Street.
The Save A Lot store opened in 2011 after Shaw's Supermarket close all of their Connecticut stores. Many stores were sold to Stop & Shop or ShopRite, but the Manchester store closed and was replaced by Shaw's sister company, Save A Lot. Stop & Shop has a location diagonal from Save A Lot; while ShopRite has a location on Spencer Street, 2 miles away from Save A Lot. The grocery stores were owned by SuperValu which acquired 169 Shaw's and Star Market stores, and Save A Lot in 2006 from Albertson's.
Save A Lot occupied 21,500 square feet according to marketing information from Northeast Retail, the leasing agent of the property. The two adjacent vacant spaces are 17,400 square feet and 26,200 square feet. The combined store space of the three space (once occupied by Shaw's) is 65,100 square feet.
The chain of grocery stores is currently looking to sell itself to another company after the company was sold to Onex from SuperValu/Albertson's in 2012. The chain recently began the search for a buyer to buy the struggling company.
The Broad Street building that Save A Lot was located was sold earlier this year, the owners Overland Manchester sold the property to MTM Development for nearly $10 million. There has not been a formal announcement as to the future plans for the site.
Jean-Luc has written articles for the past year about Manchester Business.