BERKELEY, Calif. — The new owners of Andronico's Community Markets are planning to close one of the banner's four locations in this city, according to local reports. Renwood Opportunities Fund, a Seattle-based investment group formed by Rosewood Private Investments and Renovo Capital, was poised to complete its acquisition of the seven-store chain for $16 million and then close the University Avenue store in Berkeley by Oct. 29, The Daily Californian reported. As previously reported by SN, ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.