Save-A-Lot Foods will open its fourth Charlotte location next Thursday in the Crossroad Shopping Center, which is in the northeast part of the city.
The 19,000-square-foot discount grocery store will share a shopping center with Dollar General and CVS.
Save-A-Lot Foods operates 1,300 locations across the U.S. Earlier this month, the chain opened its latest store in an area in southeast Raleigh that was left with few fresh, affordable grocery options after Kroger vacated the space two years ago.
According to its website, compared with conventional grocery stores, Save-A-Lot offers prices up to 40 percent lower on store and national brands, USDA-inspected beef, pork and poultry, fresh produce and non-food items.
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With its existing three stores, Save-A-Lot commands 0.4 percent of the Charlotte-area grocery market share, ranking it at the bottom of the area’s grocery store market, according to data from sales-tracking firm Chain Store Guide.
The grocery chain is a subsidiary of Supervalu Inc., which is based in Minnesota.