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Winn-Dixie created the Save-Rite brand as an experiment to increase its revenues and opened 11 stores throughout its distribution area. In November 2001, Winn-Dixie announced plans to convert nearly all of its 40-some Winn-Dixie and Winn-Dixie Marketplace brand stores in the metro Atlanta area into Save-Rites as a last-ditch effort to keep a hold on its market share, which was rapidly declining due to stiff competition from Wal-Mart, Publix, Kroger, Ingles, Food Lion, and other similar stores.
However, in 2005, Save-Rite pulled out of the Atlanta area due to Winn-Dixie's decision to close 386 stores. Prior to the latest cuts in February 2006, the only known states that have at least one Save-Rite are Mississippi and Florida, most notably in the Orlando metro area, and in the Meridian, Mississippi area as well. On February 28, 2006, Winn Dixie announced that it would close about 11 additional Save Rite stores in Central Florida.
On August 18, 2011, Winn Dixie announced it was converting the six remaining Save-Rite locations to the Winn-Dixie banner. The conversion from SaveRite to Winn-Dixie will take about four months, during which time the stores will remain open. The conversion should be complete by the fall. All the SaveRite employees will continue working for Winn-Dixie.
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