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    Supermarket News

    2 Save A Lot grocery stores in south Dallas get rescued by new owners

    Teresa Gubbins
    Nov 2, 2021 | 12:29 pm
    save a lot grocery
    The stores will also get a remodel in 2022.
    Photo courtesy of Save A Lot

    Two grocery stores in south Dallas have new ownership. The Save A Lot grocery store chain has sold two of its Dallas locations to Yellow Banana, a company partnering up with Save A Lot to keep stores open in under-served communities.

    According to a release, the two stores changing hands are located at:

    • 3021 Martin Luther King Jr. Blvd., in South Dallas just west of Fair Park
    • 2611 South Lancaster Rd,, Dallas, south of Illinois Avenue near the Cedar Crest Golf Course

    These were part of a bigger sale: Save A Lot, one of the biggest discount grocery chains in the U.S., sold six company-owned stores, with the two in Dallas plus four in Jacksonville, Florida.

    Save A Lot was founded in 1977 by Bill Moran, a former marketing executive in the grocery business, who wanted to bring the chain concept to the small grocery store realm. To keep prices low, they sell only the most popular items and they also sell products under their own store brands. (According to Mashed, many of those brands are named after store and company employees.) Most of their stores are in low-income neighborhoods.

    But the company recently decided to shift to a wholesale-focused business, which means it will be selling more than 300 corporate-operated stores to new retail partners. Eventually, they will winnow down to 21 corporate-operated stores in St. Louis to serve as testing sites for retail partners.

    Yellow Banana was founded in 2021 as a subsidiary of 127 Wall Holdings, LLC, a minority-owned holding company.

    In September, Yellow Banana bought 32 Save A Lot stores in the Cleveland, Chicago, and Milwaukee areas. They will now own 38 Save A Lot store stores in five states.

    "We are excited to deepen our strong relationship with Save A Lot, and to expand our mission of tackling food deserts across the United States, through this extension of Yellow Banana’s operations into the promising Texas and Florida markets," says Yellow Banana President Ademola Adewale-Sadik.

    The release says that Yellow Banana won't be doing layoffs and will maintain current wages, health insurance, and retirement benefits.

    The stores will continue to emphasize convenience, high-quality products, great value, and easy-to-shop store experiences. Yellow Banana also plans to expand local and regional products and hire talent from local communities.

    The stores will get remodeled in 2022 to reflect Save A Lot's updated brand image, with new décor, upgraded flooring and lighting, and updated produce and meat cases.

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    Big Burger Deal

    New owner takes over Texas burger chain Hopdoddy with eye on growth

    Brianna Caleri
    Jun 25, 2026 | 11:28 am
    Hopdoddy burgers
    Hopdoddy/Facebook
    It sounds like growth is coming for Hopdoddy Burger Bar.

    Austin-born chain Hopdoddy Burger Bar is now under new ownership. Founders Table Restaurant Group has acquired the burger business and aims to apply its "robust non-traditional licensing program" as it grows, a press release says.

    Hopdoddy was founded in 2010 and now has 47 locations across the U.S., including more than 30 in Texas and three in Dallas. It combines a fast-casual atmosphere with a gourmet ethos, serving burgers piled high with specialty ingredients like goat cheese, roasted tomatoes instead of slices, habaneros, and a variety of sauces. Non-beef patties are another specialty, including chicken, ahi tuna, and vegetable patties.

    Founders Table has more than 200 restaurants across 18 states in its portfolio. Those include Protein Bar & Kitchen, Chopt, Dos Toros, and Field Trip. According to a press release, each of its brands emphasizes regional development.

    Restaurant Business reported that the company would "continue to target non-traditional venues, including healthcare, education and transportation centers." That could mean that diners can expect to see more Hopdoddy locations in non-traditional spaces. The release does confirm that the acquisition means growth is coming.

    "Hopdoddy is a standout brand with all the ingredients we look for: a differentiated concept, passionate guest loyalty, and a commitment to quality that resonates across markets," says Founders Table CEO Nick Marsh in the release. "We strongly believe in the power of the Founder's Table platform to accelerate growth, and this partnership marks an exciting step forward as we help Hopdoddy scale thoughtfully while staying true to the guest experience at the heart of the brand.”

    Hopdoddy CEO Jeff Chandler will transition to an advisory role, ending 10 years in the top position. In February of this year, Chandler told Restaurant Business that he hoped to 14-16 new locations per year sometime after 2029. At the time, the brand was owned by private equity firm L Catterton. Harrington Park Advisors advised Hopdoddy on the transition.

    Kenny Jett, formerly VP of operations, will become Hopdoddy's president.

    "I've had the privilege of seeing firsthand what makes this brand so special — from our incredible team members to the loyal guests who support us every day," says Jett in the release. "I'm honored to step into this role and excited to build on the strong foundation we've created as we continue growing the brand."

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