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, 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, Executive News, West

Two Promoted At Ralphs

Kenny Kimball, VP of merchandising for The Kroger Co.’s Ralphs division in Southern California, has been named VP of operations for Ralphs. He replaces Steve McKinney, who recently was promoted to president of Kroger’s Fry’s division in Phoenix, Ariz. With Kimball’s move to operations, Valerie Jabbar, VP of merchandising for Kroger’s Mid-Atlantic division, will move […]

Posted in, International Foods, Store News, West

Vons Reopens Pavilions Store In Arcadia, Includes ‘Asian Zone’

After four months of construction and merchandising enhancements, Vons is celebrating the grand reopening of its Pavilions banner store in Arcadia. Located at 745 E. Naomi St. in the Arcadia Hub Shopping Center, the newly remodeled Pavilions—which has served the community since 1969—has incorporated specialized areas into its floor plan for added customer convenience. In […]