![]() will stock the stores with products now offered in both stores, Brown said. generally offers more brand-name products and fewer generic brands than other Southern California chains. They will be remodeled as needed, but all stores will remain open during the transformation. The new stores generally will be about a mile or two from other Albertsons or Lucky stores, Brown said. “Our average store sales have gone up faster than any of our other districts over the past four years.” “It’s a terrific market for us,” he said of Orange County. has been looking “very closely” at Orange County since October, when its newest store opened in Laguna Woods, setting an all-time sales record during its five-day grand opening period, Brown said. “This will give us much greater purchasing power.” The chain will begin converting the stores to the Stater Bros. “We’ll go from a company with $1.9 billion in annual sales to $2.4 billion in just 90 days,” said Jack Brown, Stater Bros. ![]() The purchases will increase its size almost 40%, giving it a much larger presence in Orange and Los Angeles counties. The sales will provide the biggest boost to Stater Bros, now located mainly in the Inland Empire. All of the stores must be divested within the next four months, according to FTC guidelines. 40 stores will be sold to Ralphs 43 stores and one site will be picked up by Stater Bros. Under the terms of the agreement with the Federal Trade Commission and state attorneys general, 31 stores will be sold to Certified Grocers, which will in turn sell those stores to its membership of independent grocery chains including Gelson’s, Jon’s and Top-Value 27 will be sold to supermarket operator Raley’s Inc. The acquisition is expected to be complete by midnight tonight. The sale is the largest ever required of a retailer by the Federal Trade Commission and is the last remaining hurdle for the merger of the two grocery giants, which was announced last August. The deal, which will create the nation’s second-largest grocery chain, with 2,400 stores in 38 states, raises concerns among some observers over increasing consolidation in the supermarket business, resulting in fewer choices for consumers. Twenty-eight more stores are being divested in New Mexico and Nevada. The divestiture of stores will significantly alter the competitive landscape in many parts of Southern California, allowing two of the state’s largest supermarket chains to move into new territory and giving independent operators new stores in prime urban locations.Īlbertson’s on Tuesday agreed to divest 117 stores in California in order to win antitrust approval of its planned acquisition of American Stores, which owns Lucky and SuperSaver stores. The deal will give Colton-based Stater Bros. Commerce-based Certified Grocers of California will buy four stores, while Vons Cos. In all, 20 Albertsons, Lucky or Max Grocery stores in Orange County are changing hands. unloads 145 stores in the West to win approval of its $9.8-billion acquisition of American Stores Co. said Tuesday that it will nearly double its presence in Orange County by acquiring 14 supermarkets as Albertson’s Inc.
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