February 27, 1991 |
The parent of Southern California's Alpha Beta supermarkets is negotiating to sell all or part of the grocery chain to the owners of Boys Markets, a state official said Tuesday. Executives of American Stores, which agreed to sell Alpha Beta under an antitrust settlement reached with the California Attorney General in May, will meet with state officials on Thursday to discuss their plans. It could not be determined how close American Stores and Yucaipa Cos.
CALIFORNIA | LOCAL
November 26, 1988
Sen. Diane Watson on Friday unveiled a new anti-drug, anti-gang campaign that will use milk cartons to get its message across. At a news conference outside a Boys Market at Rodeo Road and Crenshaw Boulevard, Watson (D-Los Angeles) thanked the supermarket chain for agreeing to print the message on its store-brand milk cartons. The message reads "Be smart! Don't start! It's your right to say no" and has two circles with heavy red lines through the words gangs and drugs.
CALIFORNIA | LOCAL
September 24, 1988
Grocers removed a foul-smelling fruit juice drink from the shelves of all 54 Boys Markets in Southern California after a consumer complained about the beverage's odor at an Inglewood outlet, authorities said Friday. Boys Market Inc. President Peter J. Sodini said the grocery chain was conducting independent tests to discover the cause of the smell in Juice Bear drinks. On Thursday, a shopper who purchased the juice-flavored beverage from a Boys Market at 11202 Crenshaw Blvd.
September 7, 1988 |
The company that owns Boys Markets has reached an agreement in principle with Irvine Ranch Farmers Market to pay $5 million in cash for three stores of the bankrupt grocery chain, with an option to buy two others. If the deal is completed, Century City-based American Breco Co.
September 2, 1988 |
The company that owns Boys Markets has presented an offer to buy at least three stores from the Irvine Ranch Farmers Market chain, which is currently in bankruptcy reorganization. Peter Sodini, president and chief executive of Boys, confirmed Thursday that American Breco Corp., a Century City-based holding company, "has presented a proposal that says we'll take three stores."
August 26, 1988 |
The company that owns Boys Markets has broken off negotiations to buy up to five stores from the bankrupt Irvine Ranch Farmers Market chain. Even so, American Breco Corp., a holding company with interests ranging from real estate development to retailing, remains interested in buying the most profitable Irvine Ranch stores, a source familiar with the negotiations said Thursday.