Safeway Snatches Second California Chain; Acquiring Andronico's



Safeway Snatches Second California Chain; Acquiring Andronico's



PLEASANTON, CA - Safeway is growing its presence in California, having just announced a deal to purchase an East Bay grocery chain called Andronico’s Community Markets.

“Andronico’s Community Markets have developed a well-respected brand and loyal customer base, and we are committed to keeping the local heritage alive,” said Tom Schwilke, President of Safeway Northern California, according to news source East Bay Times. “Our goal is to preserve everything great about Andronico’s while adding Safeway’s innovations and great Own Brands products including O Organics.”

This is the Albertsons banner’s second California buy in recent weeks, having just acquired Sonora, California-based G&G Supermarkets.

Suzy Monford, CEO, Andronico's Community Markets

“We’re proud that Safeway has chosen our stores and our TeamMates to join their dynamic company,” said Suzy Monford, CEO of Andronico’s Community Markets, in a company statement. “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.”

Andronico’s reported that, while Safeway has entered into an agreement to purchase all five stores belonging to the banner, employees at all locations will continuing to enjoy the same union pay rates and benefits.

The well-established chain is almost 90 years old, and currently has stores in Berkeley, Los Altos, San Anselmo, and San Francisco.

What will be the next move for Safeway as it further pursues growth? AndNowUKnow will continue to report as more becomes known.

Safeway