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Save-A-Lot expands in North Carolina
ST. LOUIS — Supervalu banner Save-A-Lot will open a new 330,000-sq.-ft. food distribution center in Lexington, N.C., on Wednesday.
The distribution center initially will service more than 70 stores within a 150-mile radius, Save-A-Lot noted.
The distribution center, which will employ 35 employees, is part of the company's commitment to expand in the region. Currently, there are nearly 30 Save-A-Lot stores in North Carolina, including one in Lexington; the company plans to open an additional three stores in the state by March 2012.
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Consumer confidence up in November as holiday shopping gets in full swing
NEW YORK — Heading into December, consumers are feeling more confident about the economy and that is good news for retailers who are hoping for a strong holiday shopping season. After declining in October, The Conference Board Consumer Confidence Index, improved to 56 in November from 40.9 in Ocober. The Present Situation Index increased to 38.3 from 27.1. The Expectations Index rose to 67.8 from 50.