Skip to content
Join our newsletter for news & blogs on-the-go. Subscribe Here!
FrankNez - Retail News, Financial News, Economy News, Stock Market News, Business News About FrankNez FrankNez

Financial News & Journalism

FrankNez - Retail News, Financial News, Economy News, Stock Market News, Business News About FrankNez FrankNez

Financial News & Journalism

  • News
  • Economy
  • U.S. Banking
  • Stock Market
  • Business
  • Retail Investors
  • Hedge Funds
  • Market Manipulation
  • Blog
  • About
    • Editorial Policy
    • Privacy Policy
  • News
  • Economy
  • U.S. Banking
  • Stock Market
  • Business
  • Retail Investors
  • Hedge Funds
  • Market Manipulation
  • Blog
  • About
    • Editorial Policy
    • Privacy Policy
Close

Search

  • Facebook
  • X
  • LinkedIn
Subscribe
FrankNez - Retail News, Financial News, Economy News, Stock Market News, Business News About FrankNez FrankNez

Financial News & Journalism

FrankNez - Retail News, Financial News, Economy News, Stock Market News, Business News About FrankNez FrankNez

Financial News & Journalism

  • News
  • Economy
  • U.S. Banking
  • Stock Market
  • Business
  • Retail Investors
  • Hedge Funds
  • Market Manipulation
  • Blog
  • About
    • Editorial Policy
    • Privacy Policy
  • News
  • Economy
  • U.S. Banking
  • Stock Market
  • Business
  • Retail Investors
  • Hedge Funds
  • Market Manipulation
  • Blog
  • About
    • Editorial Policy
    • Privacy Policy
Close

Search

  • Facebook
  • X
  • LinkedIn
Subscribe
Latest
Employees Stress Over More Amazon Layoffs in 2026
Regulators Are Now Avoiding Communication with Next Bridge on MMTLP
US Banks Now Receive Subpoenas Following a Massive Margin Call
Bank of America Branch Closures Now Surge Before Year Ends
JPMorgan Firm Now Barred by Regulator for Illegal Trading
Investors Now Press Trump on The MMTLP Scandal: What’s Next?
Certain Banks and Credit Unions Can Now Freeze Accounts Under New Law
Margin Call Forces Citadel Rival Into $15 Billion Loss
Home/Banking News/A Tennessee Grocery Store Now Makes An Unexpected Closure
Market News Today - A Tennessee Grocery Store Now Makes An Unexpected Closure

A Tennessee Grocery Store Now Makes An Unexpected Closure

By Frank Nez
July 17, 2024
2

A Tennessee grocery store now makes an unexpected closure after abruptly shuttering due to a ‘significant amount of shoplifting’.

Save-A-Lot shoppers were alerted of the store closure via a note on the door.

The Save-A-Lot at South Perkins Road and Knight Arnold Road in Memphis, Tennessee had to shut its doors due to rampant theft, per local CBS affiliate WREG.

“I was surprised,” said local shopper Temeka Jones.

“I’m like, what kind of theft?”

She shared that she had stopped by the grocer on July 16 when she was met with a sign alerting customers of the closure.

“Apologies for the inconvenience but this location is closed due to theft,” read the sign.

The Save-A-Lot owner shared with WREG that he tried to salvage the Memphis location but could not due to high theft and low sales.

He also shared that the store was losing more money than his other eight stores combined.

The leftover groceries will be distributed to other Save-A-Lots to prevent food waste.

There are around 900 Save-A-Lot stores in 32 states.

Customers said that local crime negatively affects businesses and residents in the area by forcing them to find alternative places to shop.

Other stores are generally further away, with the nearest Save-A-Lot being on Getwell and Park, reports The US Sun.

The Save-A-Lot takes nine minutes by car but is a much longer trek for those without transportation.

“Save-A-Lot is a store we like to go to for its prices,” said customer Shandra W.

“A lot of people walk in this area. So, it is definitely going to affect the community a lot.”

Grocery shoppers at Fresh Market will also lose out on two locations.

The popular grocer will soon shutter its locations at 3468 Lithia Pinecrest Road in Valrico, Florida, and the Fresh Market on US Highway 280 in Birmingham, Alabama.

Fresh Market shared in an official statement that the decision to close the locations came after a “regular review” and “detailed organizational analysis.”

For more store closure news and updates like this, opt-in for push notifications.

Also Read: An Unexpected Retailer Is Now Closing All Stores in Illinois

Other Economy News Today

Market News Today - A Tennessee Grocery Store Now Makes An Unexpected Closure.
Market News Today – A Tennessee Grocery Store Now Makes An Unexpected Closure.

A beloved grocery chain now confirms unexpected closures across the Northeast taking place by the end of the year.

Grocery chain Stop & Shop has announced that a total of 32 underperforming locations will shutter in the U.S.

The company said the select stores across the Northeast will be closed before the end of the year.

Stores in New Jersey, Massachusetts, New York, Connecticut, and Rhode Island will close by November 2.

In May, the company announced the coming store closures.

“Stop & Shop has evaluated its overall store portfolio and made the difficult decision to close underperforming stores to create a healthy base for the future growth of our brand,” company president Gordon Reid said, per a July 12 press release.

The company’s president added that the closures were essential “to create a healthy base for the future growth of our brand.”

Fortunately, employees will be offered other positions within the company, according to a press release.

The grocery outlet first opened in 2014 and currently has around 400 stores and 60,000 employees, per Fox affiliate KRLD.

Stop & Shop is owned by Ahold Delhaize which also owns Food Lion, Giant Food, and Hannaford.

Which grocery stores are closing?

In New Jersey, 10 locations will close, while only seven will close in New York.

Rhode Island will see two closures and Massachusetts, the home of the first location, will be closing eight.

Five stores will also be closing in Connecticut.

As other chains such as Walmart and Amazon join the grocery business, it has pushed traditional grocery stores out of view, reports The-Sun.

Stop & Shop hopes the closure of underperforming stores will create “future growth” for the company.

Also Read: Retirees Will Now Receive More Money For Social Security

Market News Published Daily 📰

Market News Today - A Tennessee Grocery Store Now Makes An Unexpected Closure.
Market News Today – A Tennessee Grocery Store Now Makes An Unexpected Closure.

Don’t forget to opt-in for push notifications so you don’t miss a single article!

Also, thank you to all of our blog sponsors.

This year we’ve been able to increase push notifications slots making it more convenient than ever for new readers to receive their daily market news and updates.

Our readers can now donate $3 per month to support independent journalism.

For daily news and updates on your favorite stories, opt-in for push notifications.

Follow Frank Nez on X (Twitter), Instagram, or Facebook.

More Market News 📰

Support Independent Journalism ✍🏻

Support independent journalism for just $3 per month!

Your contributions help power Franknez.com as the cost of widgets and online tools continue to rise.

Thank you for your support!

Support Franknez.com

Recommended For You ✨

  • Florida Now Has Massive Departures As Hundreds of Thousands Leave
  • SNAP Benefits Will Now Increase For The Year 2024
  • California Now Has Massive Departures As Hundreds of Thousands Leave
  • The US Treasury Direct is Now Freezing Customer Accounts
  • A Giant Company Now Announces Unexpected Layoffs in Virginia
  • A Massive US Bank is Now Closing Credit Cards


Tags:

Business NewsFinance NewsInvesting NewsJPMorganMarket NewsStock Market News
Author

Frank Nez

Frank Nez is an American entrepreneur, journalist, writer, and investor. Frank's work has been cited by SEC and Congressional reports. Franknez.com is a personal finance and market news publication, dedicated to publishing content on money, investing, entrepreneurship, and retail investor news.

Follow Me
Other Articles
Market News Today - Layoffs in Pennsylvania Now Surge To More Than 1,000
Previous

Layoffs in Pennsylvania Now Surge To More Than 1,000

Market News Today - SpaceX and X Headquarters Are Now Leaving California For Texas
Next

SpaceX and X Headquarters Are Now Leaving California For Texas

2 Comments
  1. Frank Nez says:
    July 17, 2024 at 5:54 pm

    Leave your thoughts below.

    Log in to Reply
  2. Frank Nez says:
    July 17, 2024 at 5:54 pm

    For more news and updates like this, opt-in for push notifications.

    Log in to Reply

Leave a Reply Cancel reply

You must be logged in to post a comment.

NEW POSTS

  • Amazon Layoffs 2026
    Employees Stress Over More Amazon Layoffs in 2026
  • Regulators Are Now Avoiding Communication with Next Bridge on MMTLP
    Regulators Are Now Avoiding Communication with Next Bridge on MMTLP
  • US Banks Now Receive Subpoenas Following a Massive Margin Call
    US Banks Now Receive Subpoenas Following a Massive Margin Call
  • Vantage Data Centers
    75% of Americans Are Now Opposing The New Development of Data Centers
  • Bank of America Branch Closures Now Surge Before Year Ends
    Bank of America Branch Closures Now Surge Before Year Ends
Unlock your personal brand ebook

Trending Market News 📈

US Banks Now Receive Subpoenas Following a Massive Margin Call

US Banks Now Receive Subpoenas Following a Massive Margin Call

Frank Nez
By Frank Nez
August 26, 2026
JPMorgan Firm Barred by regulator for illegal trading

JPMorgan Firm Now Barred by Regulator for Illegal Trading

Frank Nez
By Frank Nez
August 24, 2026
Investors now press Trump on MMTLP scandal - MMTLP news

Investors Now Press Trump on The MMTLP Scandal: What’s Next?

Frank Nez
By Frank Nez
August 22, 2026
The ASSET Act allows banks and credit unions to freeze bank accounts

Certain Banks and Credit Unions Can Now Freeze Accounts Under New Law

Frank Nez
By Frank Nez
August 22, 2026
Jane Street $15 Billion Loss

Margin Call Forces Citadel Rival Into $15 Billion Loss

Frank Nez
By Frank Nez
August 18, 2026
Housing News - Gen Z And Millennials Are Now Choosing Stocks Over Houses

Gen Z And Millennials Are Now Choosing Stocks Over Houses

Frank Nez
By Frank Nez
August 9, 2026
Will AMC Stock go up?

3 New Signs AMC Stock Will Continue to Skyrocket

Frank Nez
By Frank Nez
July 20, 2026
Market Manipulation News - Andrew Left

Famous Short Seller Said Market Manipulation Was Like “Taking Candy From a Baby”

Frank Nez
By Frank Nez
June 8, 2026
Vanguard and BlackRock Now Enter Lawsuit For Market Manipulation

Vanguard and BlackRock Now Enter Lawsuit For Market Manipulation

Frank Nez
By Frank Nez
August 5, 2025
Citadel Securities Is Now Warning The SEC About Using Blockchain

Citadel Securities Is Now Warning The SEC About Using Blockchain

Frank Nez
By Frank Nez
July 22, 2025

About

FrankNez is a leading journalism & independent media platform that thrives on community. Read the latest in U.S. Economy, Banking, Markets, and more.

Email: contact@franknezmedia.com

Contact: media@franknez.com

Recent Posts

  • Employees Stress Over More Amazon Layoffs in 2026
  • Regulators Are Now Avoiding Communication with Next Bridge on MMTLP
  • US Banks Now Receive Subpoenas Following a Massive Margin Call
  • Bank of America Branch Closures Now Surge Before Year Ends
  • JPMorgan Firm Now Barred by Regulator for Illegal Trading

Mentioned By

Yahoo Finance - FrankNez

Company

Privacy Policy

Editorial Policy

About FrankNez

Copyright 2026 — FrankNez. All rights reserved.