Save Mart, S-Mart Foods, Lucky, Maxx Value Foods and FoodMaxx stores have honored George Bettencourt, manager of Save Mart in Ceres, Calif., with the Nicholas J. Tocco Store Manager of the Year Award. This is the 20th year of the company’s award. “George Bettencourt is a top-rate store manager. He has demonstrated a continuous commitment […]
Category: West
Posted in, Store News, West
Report: Bankrupt Mi Pueblo Evaluating Possible Sale Or Financial Lifeline
San Jose, Calif.-based grocery chain Mi Pueblo Foods, which filed for Chapter 11 bankruptcy protection last July, has asked for court permission to hire investment bankers as it seeks a financial lifeline or a possible sale of the company. The Silicon Valley Business Journal reports that Mi Pueblo wants to retain Piper Jaffray, the Minneapolis-based […]
Posted in, Independent Store News, West
Vallarta Supermarkets Donating $54K, Time To Hospital For Three Kings Day
Vallarta Supermarkets is celebrating the 2nd annual Three Kings Day (Dia de Reyes) with patients, families and staff at Children’s Hospital Los Angeles today. Vallarta staff is joining in the festivities by dressing as the Three Kings and bringing toys for patients. Additionally, the grocer is bringing its traditional Rosca de Reyes (traditional sweet bread in […]
Posted in, Corporate Store News, West
Gelson’s Parent To Sell To TPG Investment Firm For $394M
Arden Group Inc., parent of Gelson’s Markets, an operator of 17 full-service specialty grocery stores in Southern California, has entered into a definitive agreement to be acquired by TPG, the global private investment firm, in an all-cash transaction valued at approximately $394 million. Under the terms of the agreement, Arden Group’s shareholders will receive $126.50 […]
Posted in, Store News, West
Save Mart, Lucky And FoodMaxx Will Match ‘Holiday Shares’ Donations
Save Mart, Lucky and FoodMaxx on Saturday will match donations to local Bay Area, and Monterey and Santa Cruz County, Feeding America-affiliated food banks through their “Holiday Shares” program, for a total dollar-for-dollar matching grant of up to $5,000 for the day. This initiative could not come at a more critical time for local food […]
Posted in, Independent Store News, West
Sales Up, Earnings Down At Stater Bros. For 4Q And Fiscal 2013
Stater Bros. has reported its sales and earnings results for its fourth quarter and fiscal 2013 year ended Sept. 29. Fourth quarter fiscal 2013 sales were $960.4 million, an increase of $3.2 million, or 0.33 percent, compared to normalized 13-week 2012 fourth quarter sales. Fiscal 2013 sales were $3.9 billion, an increase of $54.4 million, […]
Posted in, National, West
Unified Reports $17M Loss For Fiscal 2013
Unified Grocers Inc. has released its results for the fiscal year ended Sept. 28. The Los Angeles-based cooperative reported gross billings of $3.743 billion and net sales of $3.692 billion, a decrease of 1.4 percent and 1.9 percent, respectively, compared to the prior fiscal year ended Sept. 29, 2012. The company reported a net loss […]
Posted in, Independent Store News, West
Stater Bros. Charities Donates $53K To Toys For Tots
For the ninth year in a row, Stater Bros. has helped to spread cheer through the local Toys for Tots program. Stater Bros. Charities, the charitable arm of Stater Bros. Markets, presented a $53,624 check to representatives from the United States Marine Corps Toys for Tots program earlier this week. This year’s check was more than […]