February 16, 2012

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Ryley Carlock Client Leevers Supermarkets Opens New Save-A-Lot Store in Longmont, Colorado

Ryley Carlock's Jonathan Steeler and Matt Pluss recently assisted in the leasing for the Longmont store, and in the acquisition of two other stores for the company. Leevers Supermarkets now owns 13 grocery stores in Colorado, 11 of which are Save-A-Lots. See this link for more details.

Longmont's Save-A-Lot store opens Wednesday
By Tony Kindelspire
Longmont Times-Call
Feb. 14, 2012

LONGMONT -- One of the largest buildings on north Main Street is coming to life once again, as Save-A-Lot opens its new store at 1750 Main, which has sat vacant since SmartCo Foods closed its doors in the fall of 2010 after just four months in business. Save-A-Lot, which opens today, will take about 15,000 square feet of the 58,000-square-foot building, which used to house an Albertsons, and the remainder will be occupied this spring by a Goodwill store.

Save-A-Lot has about 1,300 stores around the country but not all of those are corporately owned. The Longmont store is owned by Leevers Supermarkets, which owns 13 grocery stores in Colorado, 11 of which are Save-A-Lots. 
 
Sav-A-Lot, 1750 Main St., is scheduled to open for business today.

Save-A-Lot has about 1,300 stores around the country but not all of those are corporately owned. The Longmont store is owned by Leevers Supermarkets, which owns 13 grocery stores in Colorado, 11 of which are Save-A-Lots. country but not all of those are corporately owned. The Longmont store is owned by Leevers Supermarkets, which owns 13 grocery stores in Colorado, 11 of which are Save-A-Lots.

"Our family, the Leevers family, has been in business for 74 years -- next year we'll celebrate 75," said John Leevers, who owns Leevers Supermarkets along with his brother, Chris, adding that the company was founded by their grandfather. "My brother and I are third-generation."

Save-A-Lot is different from a typical grocery store in several ways, the most prominent being its selection.

"It's kind of a limited-assortment store," said Dale Brown, vice president of operations. "We don't have all the variety people have at the bigger stores but we have all the essentials."

For example, Leevers said, his store might stock just a couple of brands of ketchup in a couple of sizes -- much less selection than you'd see at a typical grocer. But given Save-A-Lots national buying power, the company is able to negotiate a very favorable price from a national-brand ketchup maker, and it then sells that ketchup bottled under a Save-A-Lot private label at a "significant" savings to the consumer, Leevers said.
"They won't trade off on quality but they will trade off on selection and service," Leevers said.

Other differences from standard grocers are the fact that the merchandise comes in a perforated cardboard box with a tear-out front, which means employees spend less time stocking shelves. Also, customers have to bag their own groceries, using either bags they bring in or buy at the check-out stand (medium-size plastic bags are 3 cents apiece) or empty cardboard boxes the store provides. Also, the store has no service desk and it doesn't sell cigarettes or lottery tickets.

The Longmont store does have a bakery, cuts all its meats in-house, and sells fresh produce, just not as big of a variety as you'd find in a typical store, Leevers said. The store will employ about 40 full- and part-time people, most of whom were hired locally, he said.

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