Save A Lot wants to take the grocery industry by storm.
Speaker AAccording to Grocery Dive.
Speaker ASave A Lot is planned to hit the ground running in 2025 after a year of readying key initiatives, according to a recent interview with Save A Lot's chief operating officer, Bill Mayo.
Speaker AIn the past year, Save A Lot announced the launch of its first ever loyalty program, debuted a micro fulfillment center in New York City, and opened a Hispanic grocery store concept.
Speaker AAll initiatives that Mayo said will catapult the discounter's growth in 2025.
Speaker ASave A Lot, which is out of St.
Speaker AAnn, Missouri, for those of you that may be unfamiliar, currently operates approximately 800 stores across 32 states and said back at NRF 2024 that it has designs on growing its store count to over 3,000 locations at some point.
Speaker AAnd I'm curious, where does Save A Lot rank on your unofficial retailers to watch list?
Speaker AThe unofficial and mazinga retailers to watch list of 2025.
Speaker BWell, I have to say hi.
Speaker BTractor Supply is one that I've got on my list this year, but Save A Lot is the next one that I feel like I'm going to be.
Speaker BWell, and Aldi, I think.
Speaker BAldi, yeah, those are, those are my top, top three right now in 2025.
Speaker BAnd as an aside, can we just say that Bill Mayo is one of the perfectly named CEOs for someone in the grocery industry I just love?
Speaker AYes, yes, yes, yes, yes.
Speaker BI'm Bill Mayo and I'm the CEO of a grocery store.
Speaker BPerfect.
Speaker AThat's pretty good.
Speaker BBut no, I think, I think I'm, I think there's a lot of momentum behind Save A Lot right now.
Speaker BYou know, he came in, there was definitely some low hanging fruit.
Speaker BThe creation and expansion of a loyalty program, number one, huge.
Speaker BGetting them into retail media, number two, being another big thing.
Speaker BBut I, I really think that with the support of this, I mean, he's an innovative Wake Fern Bread leader.
Speaker BHe's going to take this brand and just explode with it for the year ahead.
Speaker BWe talked about expanding 800 stores to 3,000 stores in the next few years.
Speaker BThe movement into the micro fulfillment centers, which you and I got to go see the fabric in Brooklyn.
Speaker BLike it makes it easier to expand the brand online and offline to introduce new people to brands where there aren't bricks and mortar locations and especially in the convenience and Hispanic grocery spaces too.
Speaker BLike, talk about categories that are also getting much bigger.
Speaker BLike being able to serve that need, I think is going to be another.
Speaker BLike they've just, they've got all the legs of the stool going to really help them take off this year.
Speaker BAnd then the last point is you have all this data now.
Speaker BNow I think that's going to be a new, a new muscle for Save a Lot because they haven't had this much data about their consumers through loyalty programs, through, you know, the partnerships with things like, you know, the fabric MFC and getting new customers in those areas.
Speaker BSo that will be something that they'll have to really sure that they invest in.
Speaker BBut if they can do that, which it seems like they can with Bell Mayo's leadership, they, they are going to be one to watch this year.
Speaker BBut where do you rank them?
Speaker AWell, hold the Mayo and I don't know, like, I, I, yeah, I pretty much 100% agree.
Speaker AOkay, 100% agree with you.
Speaker ASo, I mean, you know, for all the same reasons, I, I would add sprouts into that list too, you know, and, and like Aldi, like we already discussed in this, in this episode, because unlike others, they have room to grow, right?
Speaker BYes.
Speaker AYou know, they have a prototype that can potentially scale or they're discovering what that is and they still have opportunity to deploy it.
Speaker ASo, and, and then they're doing other cool things.
Speaker ALike you mentioned the Brooklyn facility we saw.
Speaker AI mean, that's a, it's a ball.
Speaker AThe thing I give them credit for, it is a 100% ballsy move.
Speaker AI mean, I don't think ballsy could be more attributed to any move in the history of retail than a St.
Speaker AAnn, Missouri retailer entering New York City with no presence and seemingly seeing a flood of orders.
Speaker ARegular coming regularly coming in through Uber Eats.
Speaker AWe were there, we were watching the Uber drivers come in.
Speaker AThey're like, oh my God, what is going on here?
Speaker AYeah, that's just With Uber Eats, imagine if they got on the other delivery platforms too.
Speaker ASo your, your, your volume is going to scale without any extra investment ultimately at the end of the day.
Speaker ASo.
Speaker AAnd if that model works, you could scale that to any major city that you want to where you don't already have a presence.
Speaker ASo, yeah, I mean, the last thing I'll say.
Speaker ASide note, I don't think I told you this.
Speaker AI actually extended Mr.
Speaker ABill Mayo an open invitation over this past weekend to join us for a five insightful minutes whenever he is available.
Speaker AI just gave him an open invitation and hope he takes, I hope he takes us up on it at some point because we would love to talk to him.
Speaker AI know, I know you would and I would.
Speaker AYeah, he got back to me.
Speaker AHe said.
Speaker AYeah, thanks.
Speaker AI'll let you know.
Speaker BSo you have a direct line to Mr.
Speaker BMayo?
Speaker AYes, I do.
Speaker AYeah, yeah.
Speaker BNo, we've been.
Speaker ASo he hasn't come admitted yet, so I'm kind of trying to turn the screws on him a little bit.
Speaker ASay, come on, Bill, we want to talk to you and learn more about this, because it sounds really cool.