Safeway sold for $9.4 billion, merges with Albertsons

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    Mar 07, 2014 9:03 AM GMT

    Albertsons has been closing under performing stores for several years now in the LA metro area, this should be interesting, I have a Vons and Albertsons within less than a half mile from each other, I can walk to either store, both stores are pretty busy but the Albertsons is a bit larger in square footage, Vons/Pavilion is a LA staple for many years, some were the 'upscale' grocery in certain neighborhoods, sad to see such a land mark get gobbled up icon_sad.gif

    http://www.mercurynews.com/business/ci_25289725/safeway-sold-9-billion-merges-albertsons-cerberus
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    Mar 07, 2014 9:56 AM GMT
    Yeah, very interesting. Safeway is very big up here. I'm guessing it won't affect you as much down there?
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    Mar 07, 2014 12:35 PM GMT
    I prefer Alberston's anyway. Safeways always seem dirty.
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    Mar 07, 2014 4:20 PM GMT
    Lumpyoatmeal saidYeah, very interesting. Safeway is very big up here. I'm guessing it won't affect you as much down there?


    depends on overlap of these two stores, in my east end neighborhood, each store serves different neighborhood on the boarder, but are within half mile of each other. Those in one neighborhood who normally shop Vons, don't know there is a Albertsons close too and vise versa. Then on the west end of the same neighborhood, another even bigger Albertsons sits, I cant imagine having 3 Albertsons within one small LA district, but that is what nice about being able to walk to the store. I am sure they will have to decide which stores will close, Cerberus is a private equity group, they are used to divesting property.

    the Vons by me could be a very nice sized Trader Joes since that part of the neighborhood is a bit more 'upscale'
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    Mar 13, 2014 4:46 AM GMT
    Too bad markets still cater to sugar and snack food junkies. It seems the whole central part of markets are worthless for healthy eaters
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    Mar 13, 2014 5:27 AM GMT
    scruffLA said
    Albertsons has been closing under performing stores for several years now in the LA metro area, this should be interesting, I have a Vons and Albertsons within less than a half mile from each other, I can walk to either store, both stores are pretty busy but the Albertsons is a bit larger in square footage, Vons/Pavilion is a LA staple for many years, some were the 'upscale' grocery in certain neighborhoods, sad to see such a land mark get gobbled up icon_sad.gif

    http://www.mercurynews.com/business/ci_25289725/safeway-sold-9-billion-merges-albertsons-cerberus

    I will miss it if Vons and Albertsons are not operated as separate stores with their own identities. We make our rounds each week to Vons, Albertsons, and Ralphs because none of them are the all around cheapest, but each has certain things that are the best deal. And I'm going to be pissed if my $5 Friday is discontinued at Vons. I am going to be even more pissed if the Vons gas stations do not keep operating as is, because they are, by far, the cheapest gas in town.

    Ralphs is owned by Kroger, a store we are familiar with back in Michigan. They look like, and are set up like Kroger stores. Even the weekly newspaper ads look like Kroger ads. It's not always the best, be we kind of like that back home familiarity.
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    Mar 13, 2014 1:42 PM GMT
    I know supermarket chains tend to have unique nation-wide identities, but any individual store can be tailored to the community, if the management wishes.

    When I lived with my late partner in the ritzy River Oaks section of Houston he shopped at a nearby Krogers. Not known as an upscale supermarket chain, but this local one was. It had separate gourmet and deli sections that were phenomenal, with pricey primo selections you never find in a regular grocery story. And the whole floor layout was different, with spacious aisles and helpful staff everywhere, almost like having private buyers to assist you.

    But then right around the corner were fabulous mansions, and out in front you always saw Rolls Royces parked and every other kind of ultra-luxury car. So even nondescript chain stores will adapt to their special surroundings when they choose.