You are here
LOS ANGELES - Kroger-owned Ralphs Grocery Co. yesterday said it reached a tentative agreement to sell eight Cala Foods and Bell Markets stores in the San Francisco Bay Area to DeLano Retail Partners. Financial terms were not disclosed.
"The sale of these stores is a difficult, but necessary, step toward making Ralphs more competitive," said Dave Hirz, Ralphs president. "We intend to work closely with DeLano Retail Partners to ensure a smooth transition for our customers and Associates at these locations beginning in January."
The stores Ralphs will sell include three in San Francisco, two in Tiburon, and one each in Mill Valley, Fairfax, and Novato.
Ralphs operates more than 260 supermarkets in California, from its headquarters in Los Angeles. The company is a division of The Kroger Co., Cincinnati, Ohio.