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BUSINESS
April 27, 2000 | E. Scott Reckard
Nibbling tentatively at the online grocery business, Stater Bros. Markets announced a partnership with a home-delivery service that will allow residents in south Orange County to order items from its supermarkets over the Internet. Colton-based Stater Bros. plans to begin the service next month with partner Whyrunout.com, an Aliso Viejo company that also delivers dry-cleaning, processed film and other goods. Stater Bros. will pay Whyrunout.com an undisclosed fee to make the deliveries.
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BUSINESS
August 9, 2007 | From Times Wire Services
Stater Bros. Holdings Inc. said fiscal third-quarter profit at the Colton-based supermarket chain jumped 174% to $15.6 million from $5.7 million a year earlier. The company posted record sales of $910.2 million, a 3% increase from a year earlier. Same-store sales, or sales at stores open at least a year, grew almost 2% during the period. Stater Bros. has 163 stores in Southern California and is the region's largest independent chain.
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BUSINESS
June 23, 1999 | MELINDA FULMER and LESLIE EARNEST, TIMES STAFF WRITERS
Stater Bros. Inc. said Tuesday that it will nearly double its presence in Orange County by acquiring 14 supermarkets as Albertson's Inc. unloads 145 stores in the West to win approval of its $9.8-billion acquisition of American Stores Co. In all, 20 Albertsons, Lucky or Max Grocery stores in Orange County are changing hands. Commerce-based Certified Grocers of California will buy four stores, while Vons Cos. and Ralphs Grocery Co. will get one each. The deal will give Colton-based Stater Bros.
BUSINESS
May 9, 2007 | From Times Staff and Wire Reports
Stater Bros. Holdings Inc., the Colton-based grocery store company, said profit in its latest quarter more than doubled to $13.5 million from $6.2 million a year earlier. Sales for the second quarter ended March 25 rose slightly to $866.1 million from $863.8 million a year earlier. Same-store sales rose 1.5% after adjusting for the timing of Christmas, the only day of the year when Stater Bros. supermarkets are closed. Stater operates 162 supermarkets in Southern California.
NEWS
January 22, 1989
The Stater Brothers market chain recalled some of its house-brand ice cream because of possible exposure to ammonia from a refrigerant leak during manufacture. Staters spokesman Tom Reingrover said the half-gallon packages affected contain golden vanilla and chocolate ice cream and are marked with the code number 092289. "It's strictly a precautionary thing," he said. "We found very little product affected."
BUSINESS
February 6, 2001
* El Segundo-based Infonet Services Inc. reported fiscal third-quarter operating profit of $700,000, or a penny a share, compared with a loss of $24 million, or 5 cents, a year ago. Sales rose 34% to $162 million. * Colton-based supermarket operator Stater Bros. Holdings Inc. reported a 5% decrease in fiscal first-quarter profit, earning $1.8 million for the period ended Dec. 24, compared with $1.9 million a year ago. Sales rose 5% to a record $624.8 million.
BUSINESS
February 8, 2007 | Jerry Hirsch
Profit tripled at the Stater Bros. supermarket chain in the latest quarter, the Colton-based company said Wednesday. Stater Bros. Holdings Inc. said improved profit margins and declining expenses pushed its net income for its fiscal first quarter ended Dec. 24 to $9.9 million from $3.3 million. With 162 stores, Stater Bros. is the largest privately held supermarket chain in Southern California. It discloses its earnings and sales because the company has public bonds. Sales rose 4.
BUSINESS
August 11, 2004 | Dawn Wotapka
Stater Bros. Holdings Inc. reported that it swung to a loss in its third quarter despite a 23% rise in sales. For the quarter ended June 27, the Colton-based supermarket chain posted a loss of $5.8 million, reversing a year-earlier profit of $769,000. Sales rose to $848 million from $688.1 million. The company attributed much of the loss to $25.5 million in pretax interest expenses from retiring some debt outstanding and from redemption of notes from Santee Dairies. -- Dawn Wotapka
BUSINESS
October 26, 1989 | Mary Ann Galante, Times staff writer
Supermarket ATMs: Five Stater Bros. markets have been chosen to test automated teller machines, including the store on Baker Street in Costa Mesa. The machines, which will be located in well-lit areas in front of the supermarkets, are intended to provide more convenient service for customers, according to the Colton-based chain. "We feel the machines are a step to providing a convenient location for our customers to perform banking transactions," said Jack J. Brown, Stater Bros.'
BUSINESS
February 8, 2007 | Jerry Hirsch
Profit tripled at the Stater Bros. supermarket chain in the latest quarter, the Colton-based company said Wednesday. Stater Bros. Holdings Inc. said improved profit margins and declining expenses pushed its net income for its fiscal first quarter ended Dec. 24 to $9.9 million from $3.3 million. With 162 stores, Stater Bros. is the largest privately held supermarket chain in Southern California. It discloses its earnings and sales because the company has public bonds. Sales rose 4.
BUSINESS
August 23, 2006 | From a Times Staff Writer
Stater Bros. Markets executive Jim Lee has been named president and chief operating officer of the Colton-based supermarket chain. Lee, 55, is a 34-year veteran of the grocery business who has worked for the Ralphs and Wild Oats chains. He joined Stater Bros. in 2002 and most recently served as executive vice president of retail operations and administration. He will report to Chairman and Chief Executive Jack Brown.
BUSINESS
August 9, 2006 | Jerry Hirsch
Colton-based grocery chain Stater Bros. Holdings Inc. said net income for its fiscal third quarter declined 22% to $5.7 million compared with $7.3 million in the same period a year earlier. Sales for the quarter rose 5% to $885.9 million from $840.4 million a year earlier. -- Jerry Hirsch
BUSINESS
August 11, 2004 | Dawn Wotapka
Stater Bros. Holdings Inc. reported that it swung to a loss in its third quarter despite a 23% rise in sales. For the quarter ended June 27, the Colton-based supermarket chain posted a loss of $5.8 million, reversing a year-earlier profit of $769,000. Sales rose to $848 million from $688.1 million. The company attributed much of the loss to $25.5 million in pretax interest expenses from retiring some debt outstanding and from redemption of notes from Santee Dairies. -- Dawn Wotapka
CALIFORNIA | LOCAL
March 11, 2004 | Janet Wilson, Times Staff Writer
Spurning suitors from two neighboring states and Los Angeles and Riverside counties, the Stater Bros. grocery chain is poised to move its Colton headquarters down the road to the former Norton Air Force base in San Bernardino. "We are in the final stages of negotiations," said Chairman and Chief Executive Jack H. Brown. "I might add that San Bernardino is my hometown, and certainly being able to keep the Stater Bros.
BUSINESS
February 4, 2004 | Melinda Fulmer
Colton-based Stater Bros. Holdings Inc. said it would buy Kroger Co.'s stake in Southern California's largest milk processor, Santee Dairies Inc. Stater owns 50% of the City of Industry-based dairy and is buying the remaining stake from Kroger for an unspecified amount. A filing last week with the Securities and Exchange Commission by Stater said it had agreed to loan about $55 million to the dairy and its bondholders to assume ownership.
BUSINESS
September 3, 1999 | Leslie Earnest
Stater Bros. Inc. said Thursday that all of the recently purchased Albertson's and Lucky stores have now been reopened as Stater Bros. supermarkets. The openings nearly double the Colton-based chain's stores in Orange County. Stater Bros. snapped up 14 Albertson's and Lucky stores in the county when Albertson's Inc. unloaded the stores to gain regulatory approval to buy Lucky's parent, American Stores Co., in a $9.8-billion deal. In all, Stater Bros.
BUSINESS
February 6, 2001
* El Segundo-based Infonet Services Inc. reported fiscal third-quarter operating profit of $700,000, or a penny a share, compared with a loss of $24 million, or 5 cents, a year ago. Sales rose 34% to $162 million. * Colton-based supermarket operator Stater Bros. Holdings Inc. reported a 5% decrease in fiscal first-quarter profit, earning $1.8 million for the period ended Dec. 24, compared with $1.9 million a year ago. Sales rose 5% to a record $624.8 million.
BUSINESS
June 29, 2000 | Leslie Earnest, Leslie Earnest covers retail businesses for The Times. She can be reached at (714) 966-7832 and at leslie.earnest@latimes.com
Even as online grocer Webvan Group Inc. plans to invade the Southland with its purchase of HomeGrocer.com Inc., Orange County's own home-grown delivery service, WhyRunOut.com, is plotting its own expansion, tied to a partnership with Stater Bros. Markets. WhyRunOut.com said Wednesday it will extend its service to parts of northern San Diego County early next month, shuttling groceries from Stater Bros. stores in Encinitas and Poway to residents in the surrounding communities.
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