Vons and Ralphs are the iconic grocers of Los Angeles with local roots going back well over 100 years. Trader Joe’s and Gelson’s began here more than a half-century ago, and plenty of other supermarkets, from Food 4 Less to Whole Foods, have all tried to get a slice of the pie. There’s so many that it’s [...]
A bankruptcy court in Delaware Monday approved bids by discount chain Grocery Outlet for six shuttered California stores previously operated by the now-bankrupt Fresh & Easy, Grocery Outlet confirmed. Sales of the stores, including one at 1803 E. Chapman Ave. in Orange, are expected to be finalized by the end [...]
Ronald W. Burkle said his investment firm, Yucaipa Cos., tried its hardest to save Fresh & Easy, the struggling grocery chain that filed for bankruptcy protection last month but ultimately couldn’t overcome bad decisions made by the previous owner. The billionaire investor, who made his fortune in the supermarket business, [...]
When Fresh & Easy was taken over by investor Ronald W. Burkle’s Yucaipa Cos. in 2013, it seemed as if the money-losing grocery chain would finally get a chance to turn things around. After all, the onetime box boy made his fortune in the supermarket industry, handling leveraged buyouts of [...]
Fresh & Easy LLC filed for bankruptcy Friday, the second grocery chain backed by supermarket mogul Ron Burkle’s Yucaipa Cos. buyout firm to seek chapter 11 protection in recent months. Fresh & Easy tumbled into bankruptcy in Wilmington, Del., the company’s second chapter 11 filing in two years. Last week, the [...]
Another struggling western grocery chain will close all stores in Nevada, California and Arizona. Fresh & Easy announced last week that it was starting to close 97 stores, but it’s hoping a buyer will come to the rescue. This comes less than a month after grocery chain Haggens announcement that [...]
Struggling Torrance-based grocery store chain Fresh & Easy announced Wednesday it will liquidate inventories in its remaining 97 stores in California, Arizona and Nevada, abandoning an ambitious foray into an intensely competitive market that never caught on with consumers. The company, which had already cut in half the number of [...]
Fresh & Easy, a struggling market purchased two years ago by billionaire supermarket magnate Ron Burkle, is preparing for its second bankruptcy filing in two years, according to Bloomberg. “An application could come as soon as next week,” Bloomberg reported Thursday. The supermarket company could still find a buyer for [...]
Last week, Whole Foods co-CEO Walter Robb announced that the upscale, healthy grocer will soon launch a new, smaller-format, “convenience” store that “will feature a modern, streamlined design … and a curated selection. It will deliver a convenient, transparent and values-oriented experience geared toward millennial shoppers, while appealing to anyone [...]
The new look strikes customers as soon as they enter the Fresh &Easy Neighborhood Market grocery store — gone are the long, conventional supermarket aisles, replaced by an open, airy ambiance anchored by a grab-and-go and hot-food eating area in the center of the footprint. The 167-store chain, based in [...]