Ridley's Buys 2 Utah Albertsons
Ridley's Family Markets has purchased two of the four remaining Supervalu-owned Albertsons stores in Utah that have been up for sale.
December 22, 2009
TWIN FALLS, Idaho — Ridley's Family Markets here has purchased two of the four remaining Supervalu-owned Albertsons stores in Utah that have been up for sale.
Ridley's operates 14 stores — 10 in Idaho; two in Utah (prior to the purchase); and one each in Nevada and Wyoming. The two Albertsons stores Ridley's purchased are in Orem, near Salt Lake City.
Jerry Ridley, co-owner, said he was familiar with the stores and the marketing area because he used to live in Orem. Both stores are approximately 55,000 square feet and include pharmacies.
Supervalu sold 36 of the Utah-based Albertsons locations in July to Associated Food Stores, Salt Lake; Ridley's is a customer of Associated.
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