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Sav On Drugs Inc

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CALIFORNIA | LOCAL
June 27, 1995 | KAY HWANGBO
On the same day Sherman Oaks residents got a sharp reminder of an earthquake's destructive force, they also saw a welcome sign that their community is rebounding from last year's temblor. The Sav-on Drugs store on Ventura Boulevard, which had been boarded up since the quake, is being completely rebuilt, according to building co-owner Frank Ponder.
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NEWS
August 4, 1998 | JAMES F. PELTZ, TIMES STAFF WRITER
Albertson's Inc. said Monday that it agreed to acquire American Stores Co., owner of the Lucky grocery and Sav-on drugstore chains, in the latest deal in a supermarket merger wave sparked by growing competition from discounters and a desire for greater cost savings. The $11.7-billion deal would enable Albertson's, founded 59 years ago with a single store in Boise, Idaho, to eclipse Kroger Co. as the nation's biggest supermarket operator measured by revenue.
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CALIFORNIA | LOCAL
August 24, 1994 | KAY HWANGBO
Silent and dark and swathed in graffiti since the Northridge earthquake, the Ventura Boulevard Sav-On Drugs store is inching toward a reopening, according to owners of the building. The owners have been negotiating a new, more expensive lease with the Anaheim-based drugstore chain, which leases the site, according to co-owner Frank Ponder. "We're very close," he said. While the talks have been under way, the store has remained closed, causing residents to wonder when, if ever, it would reopen.
CALIFORNIA | LOCAL
October 3, 1997 | LESLEY WRIGHT
With flu season on the way, Orange County residents can get low-cost vaccine through Nov. 16 at most Lucky and Sav-On Drugs stores in the county. Funds raised from the $10 charge for the shot will be shared by the Visiting Nurses Assn., a nonprofit group, and the private health-care provider Mollen Clinics, said Judie Decker, spokesperson for American Stores Co. The shots help prevent influenza, which kills more than 20,000 people a year and makes millions sick, Decker said.
BUSINESS
June 23, 1994 | From Times Staff and Wire Reports
Lucky, Sav-on Parent to Build New Stores: American Stores Co. said it plans to spend $700 million this year to build 34 new stores, remodel 210 stores and warehouses and improve information systems and technologies. Three new Lucky stores will be built in California, and 65 stores will be remodeled. A company spokeswoman said it was too early to say how many Southern California locations will be involved.
BUSINESS
April 15, 1987
The state's 4th District Court of Appeal ruled in favor of the Orange County assessor in a case involving the acquisition of Sav-On Drugs by Jewel Co. seven years ago. Jewel claimed that the merger, which included cash and an exchange of stock, did not involve a change of ownership or corporate control. But the Orange County assessor disagreed and reassessed dozens of properties in the county at $32.5 million, up 50%from their pre-merger assessment levels, Jewel said.
CALIFORNIA | LOCAL
January 20, 1996 | KATE FOLMAR
The 55 or so Sherman Oaks Sav-On Drugs employees who were sent elsewhere after the earthquake destroyed their store at 14735 Ventura Blvd. will return to a newly rebuilt home store Feb. 3. "The same crew is coming back," said Sav-On spokeswoman Judie Decker. "I'm sure the workers will be happy to again serve the folks in Sherman Oaks . . . and the customers will see the same friendly checkers they knew from two years ago."
BUSINESS
December 26, 1990 | STUART SILVERSTEIN, TIMES STAFF WRITER
Ah, Christmas. It's a time of peace and goodwill--and a chance for many businesses and workers to make extra bucks. Some retailers stayed open Tuesday, as they have on Christmases past, to get a leg up on rivals and burnish their reputations for customer service. For many movie theaters and such theme parks as Disneyland, it's considered too good a business day to pass up. But how do you get people to work on Christmas--especially if you want to limit the upset to their personal lives?
CALIFORNIA | LOCAL
October 3, 1997 | LESLEY WRIGHT
With flu season on the way, Orange County residents can get low-cost vaccine through Nov. 16 at most Lucky and Sav-On Drugs stores in the county. Funds raised from the $10 charge for the shot will be shared by the Visiting Nurses Assn., a nonprofit group, and the private health-care provider Mollen Clinics, said Judie Decker, spokesperson for American Stores Co. The shots help prevent influenza, which kills more than 20,000 people a year and makes millions sick, Decker said.
NEWS
August 4, 1998 | JAMES F. PELTZ, TIMES STAFF WRITER
Albertson's Inc. said Monday that it agreed to acquire American Stores Co., owner of the Lucky grocery and Sav-on drugstore chains, in the latest deal in a supermarket merger wave sparked by growing competition from discounters and a desire for greater cost savings. The $11.7-billion deal would enable Albertson's, founded 59 years ago with a single store in Boise, Idaho, to eclipse Kroger Co. as the nation's biggest supermarket operator measured by revenue.
CALIFORNIA | LOCAL
January 20, 1996 | KATE FOLMAR
The 55 or so Sherman Oaks Sav-On Drugs employees who were sent elsewhere after the earthquake destroyed their store at 14735 Ventura Blvd. will return to a newly rebuilt home store Feb. 3. "The same crew is coming back," said Sav-On spokeswoman Judie Decker. "I'm sure the workers will be happy to again serve the folks in Sherman Oaks . . . and the customers will see the same friendly checkers they knew from two years ago."
CALIFORNIA | LOCAL
June 27, 1995 | KAY HWANGBO
On the same day Sherman Oaks residents got a sharp reminder of an earthquake's destructive force, they also saw a welcome sign that their community is rebounding from last year's temblor. The Sav-on Drugs store on Ventura Boulevard, which had been boarded up since the quake, is being completely rebuilt, according to building co-owner Frank Ponder.
CALIFORNIA | LOCAL
August 24, 1994 | KAY HWANGBO
Silent and dark and swathed in graffiti since the Northridge earthquake, the Ventura Boulevard Sav-On Drugs store is inching toward a reopening, according to owners of the building. The owners have been negotiating a new, more expensive lease with the Anaheim-based drugstore chain, which leases the site, according to co-owner Frank Ponder. "We're very close," he said. While the talks have been under way, the store has remained closed, causing residents to wonder when, if ever, it would reopen.
BUSINESS
June 23, 1994 | From Times Staff and Wire Reports
Lucky, Sav-on Parent to Build New Stores: American Stores Co. said it plans to spend $700 million this year to build 34 new stores, remodel 210 stores and warehouses and improve information systems and technologies. Three new Lucky stores will be built in California, and 65 stores will be remodeled. A company spokeswoman said it was too early to say how many Southern California locations will be involved.
BUSINESS
December 26, 1990 | STUART SILVERSTEIN, TIMES STAFF WRITER
Ah, Christmas. It's a time of peace and goodwill--and a chance for many businesses and workers to make extra bucks. Some retailers stayed open Tuesday, as they have on Christmases past, to get a leg up on rivals and burnish their reputations for customer service. For many movie theaters and such theme parks as Disneyland, it's considered too good a business day to pass up. But how do you get people to work on Christmas--especially if you want to limit the upset to their personal lives?
BUSINESS
April 15, 1987
The state's 4th District Court of Appeal ruled in favor of the Orange County assessor in a case involving the acquisition of Sav-On Drugs by Jewel Co. seven years ago. Jewel claimed that the merger, which included cash and an exchange of stock, did not involve a change of ownership or corporate control. But the Orange County assessor disagreed and reassessed dozens of properties in the county at $32.5 million, up 50%from their pre-merger assessment levels, Jewel said.
CALIFORNIA | LOCAL
July 19, 1987
The California Supreme Court has declined to review a 1980 property tax reappraisal that the owner said is illegal. The action means that Jewel Co. Inc. of Chicago will not receive a refund of property taxes on 24 retail stores in Orange County that it had paid under protest. Jewel had argued that its 1980 merger with Sav-On Drugs Inc.
CALIFORNIA | LOCAL
April 15, 1987 | JOHN SPANO, Times Staff Writer
A state appellate court Tuesday upheld the Orange County assessor's decision seven years ago to reassess property owned by Sav-On Drugs Inc. after Sav-On was acquired by Jewel Co. Inc. of Chicago. The opinion by the 4th District Court of Appeal in Santa Ana means higher property taxes for the Chicago firm. Jewel had claimed that its merger with Sav-On was not a change of ownership or corporate control under Proposition 13.
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