Following last month’s announcement that it would buy Northern California’s G&G Supermarkets, Safeway said today that it will purchase Andronico’s Community Markets’ five stores in the Bay Area. The stores will remain Andronico’s through mid-December, at which time they will become Safeway Community Markets.
Renovo Capital, which acquired Andronico’s out of bankruptcy in 2011, approached Safeway earlier this year about purchasing the stores in Berkeley (two), Los Altos, San Anselmo and San Francisco, with the goal of preserving union jobs and keeping the stores operating in the same friendly, local way their customers have come to enjoy, according to a press release.
“Andronico’s Community Markets have developed a well-respected brand and loyal customer base, and we are committed to keeping the local heritage alive. Our goal is to preserve everything great about Andronico’s while adding Safeway’s innovations and great Own Brands products, including O Organics,” said Tom Schwilke, president of Safeway Northern California.
What’s ahead for Andronico’s
Safeway, part of Albertsons Cos., and Andronico’s say they are working together to ensure a smooth transition for store employees and customers. Andronico’s employees will continue working in their current assignments with their same union pay rates and benefits. A successful transition will create the potential for more jobs in the future, the release says.
“We’re proud that Safeway has chosen our stores and our teammates to join their dynamic company. We’re synergistic retailers who share a commitment to best quality, local and artisanal foods, as well as in supporting union jobs within our communities,” said Suzy Monford, CEO of Andronico’s Community Markets.
The release says that the “evolution of these stores will give customers new everyday low prices, and further expand the local, fresh and organic options they have come to expect at both Andronico’s and Safeway.”
Andronico’s describes itself as “the eclectic, upbeat neighborhood hub for feeding a healthy lifestyle.” Its stores boast “the freshest local everything, natural groceries, specialties, and inspired “made-from-scratch” meals and treats along with the everyday products that everybody likes.”