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Associated Grocers Agrees to Purchase Six Alaska Safeway Stores.


SEATTLE--(BUSINESS WIRE)--Oct. 13, 1999--

Northwest Retail Ventures, L.L.C., of Seattle, Washington This page is protected from moves until disputes have been resolved on the .
The reason for its protection is listed on the protection policy page.
, announced that it has agreed to purchase six (6) retail supermarkets in Alaska from Safeway Inc.: -0-

1400  W. Northern Lights Blvd., (Boniface) Anchorage
5530  E. Northern Lights Blvd., Anchorage
800   E. Dimond Blvd., Anchorage
12001 Business Blvd., Eagle River
1800  E. Parks Hwy., (Cottonwood) Wasilla, and
526   Gaffney Rd., Fairbanks


The stores will be owned and operated by Northwest Retail Ventures under the `Alaska Marketplace' name, with strong produce, meat, natural foods and other service departments. The general manager of Northwest Retail Ventures is Moira Paddock, who was previously Vice President, Operations of Carr's.

Northwest Retail Ventures is a new company that is owned by Associated Grocers Associated Grocers is a retailers' cooperative that distributes full lines of groceries and general merchandise. Originally founded in 1934, it also provides retail services to independent groceries in Washington, Oregon, Alaska, Hawaii, and Guam. , Bristol Bay Native Corporation Bristol Bay Native Corporation, or BBNC, is one of thirteen Alaska Native Regional Corporations created under the Alaska Native Claims Settlement Act of 1971 (ANCSA) in settlement of aboriginal land claims.  and a number of independent grocery retailers who are members of Associated Grocers.

"We have been servicing several Alaska retailers for a number of years. We are pleased to have this opportunity to grow our presence in the state," said Don Benson, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Associated Grocers.

"The change-over will begin on October 15th. We will convert one store per day, and expect to have all stores completed by October 22nd," stated Don Benson.

Employees at the divested stores can either exercise their seniority to remain at Safeway/Carr's or choose to go with the new company.

Associated Grocers is a retailer-owned cooperative providing food, general merchandise and services to more than 350 independent grocery stores throughout Washington, Oregon, Alaska, Hawaii, Guam and the Pacific Rim Pacific Rim, term used to describe the nations bordering the Pacific Ocean and the island countries situated in it. In the post–World War II era, the Pacific Rim has become an increasingly important and interconnected economic region. , with over 1,300 employees in Seattle and Kent, Washington Kent is a city located in King County, Washington, United States. The second largest city in south King County and the eighth largest in the state, Kent has the third-largest industrial area in the United States. .
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 14, 1999
Words:262
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