Taxpayer Millions Couldn't Stop Seven Save A Lot Grocery Stores From Going Dark In Crime-Ridden Chicago

ZeroHedge
Published
1
0
Read the full story at ZeroHedgeOriginal
Taxpayer Millions Couldn't Stop Seven Save A Lot Grocery Stores From Going Dark In Crime-Ridden Chicago

Save A Lot shuttered seven locations across Chicago's crime-ridden South and West sides over the weekend, once again exposing the dysfunction of a metro area run by unhinged progressives. City officials poured millions of dollars into the grocery outlets in hopes of improving food access, only to watch the stores remain unprofitable amid persistent theft.

Local outlet ABC 7 reports "frustration, anger, and concern" among the community as Save A Lot shuttered seven stores on Saturday, with many residents saying this would reduce their access to food.

The outlet noted:

Save A Lot began a partnership with retail company Yellow Banana in 2023 in an effort to keep grocery stores open on the city's South and West sides and combat food deserts.

A company spokesperson cited financial struggles and cuts to SNAP benefits as reasons for the closures. In a statement, the company said, "We are committed to the wellbeing of the communities we serve. We will continue to engage with City and Community leaders to explore ways to provide access to quality food and services for residents, and we are actively supporting impacted Yellow Banana team members throughout the transition."

The Chicago Sun-Times reported that Yellow Banana had a $26 million redevelopment agreement with the city of Chicago and received more than $13 million in taxpayer financing to renovate and reopen Save A Lot locations. The rest of the funding came from federal grants and loans.

Despite the debate on X over whether the seven locations qualified as "government grocery stores," they were privately owned and operated but supported with taxpayer funding. Even with public backing, the stores failed to turn a profit. Theft was likely a major factor in the shutdowns, although the operator cited broader financial pressures and reductions in SNAP benefits.

Add Save A Lot to the growing list of retailers reducing their exposure to Chicago, alongside Walgreens, Aldi, and Walmart. Walgreens and Aldi explicitly cited theft, burglaries, and violent incidents in certain closures, while Walmart and Save A Lot pointed more broadly to persistent losses and financial headwinds.

The accelerating retail exodus suggests Chicago's progressive governing model enforced by City Hall is backfiring. Without basic public safety and a commercially viable operating environment, progressives risk even broader food and pharmacy deserts in low-income areas as businesses want no part of lawless neighborhoods.

Meanwhile, socialist politicians gaining power at the local level are promoting taxpayer-funded supermarkets and "free food for everyone." Yet history offers little evidence that government-run grocery models can remain efficient, financially sustainable, or responsive to consumers without persistent subsidies. But, of course, these politicans pitch 'this time is different' ... 

Tyler Durden Mon, 07/27/2026 - 19:40

Related Markets

All Markets
View full chart →
View Full Chart
View full chart →
View Full Chart
View full chart →
View Full Chart

Market data may be delayed. Not financial advice.

Reader Reactions
Reading the article

💡 AI analysis provides alternative perspectives on current events

Support Alto & Gab

Alto is funded entirely by readers like you. Your donation helps us continue delivering curated news from a right-wing Christian Nationalist perspective, powered by Gab AI.

Gab Shop

Support free speech with official merchandise

View All Products

Install Alto on Your Phone

Add Alto to your home screen for quick access to breaking news — no app store required.

iPhone & iPad

Using Safari Browser

1

Open alto.gab.com in Safari

alto.gab.com
2

Tap the Share button

at the bottom of Safari
3

Tap "More"

More
4

Scroll and tap "Add to Home Screen"

Add to Home Screen

Tap "Add" to confirm

Alto will appear on your home screen like any other app!

Android

Using Chrome Browser

1

Open alto.gab.com in Chrome

alto.gab.com
2

Tap the menu button

three dots in top right
3

Tap "Add to Home screen"

Add to Home screen

Tap "Add" to confirm

Alto will appear on your home screen like any other app!
gab

Speak Freely

Join millions on the original and only true free speech social network.

What Makes Gab Different

We're not just another social network. We're a platform built on principles that matter.

Freedom of Speech & Reach

All First Amendment protected speech is welcome. No algorithmic throttling or shadow banning.

Family-Friendly Platform

We maintain a clean environment. Explicit adult content is strictly prohibited.

Western Nations Only

Third-world IPs are blocked. No scammers, no spam farms. Built for Western civilization.

Funded By Users

Our users are our investors and customers. You're not the product being sold.

Battle Tested

A decade of standing strong. Banned from app stores, banks—and still here.

American Owned & Operated

We reject foreign censorship demands. Built by Americans, for free people.