SEATTLE, Aug. 30, 2006 (PRIMEZONE) -- Associated Grocers, Incorporated (AG) today announced that Larry's Markets at Redmond Town Center has been purchased by Supermarket Management Corporation (SMC), a wholly owned subsidiary of AG, who plans to run the operation under the Larry's name.
SMC will take over the store on September 1, 2006 and immediately begin making improvements to each department while keeping the store open. Extensive enhancements are planned to greatly improve selection and quality and give the Redmond community an extraordinary place to shop.
"We see a great opportunity to re-establish the Larry's Redmond Town Center location as one of the prominent supermarkets on the Eastside. It is our intention to make the store a key member of the Redmond Town Center business community, working with the store's customers, employees and neighboring businesses to provide an exceptional shopping experience," said John Runyan, AG's President and CEO.
Larry's, Redmond Town Center, opened in October of 1999 as one of the premiere businesses in the upscale shopping district. The store has operated as a full-service supermarket known for its specialty meats, superior produce, fabulous deli and bakery, and superior wine and gift selection. Larry's knowledgeable and food savvy employees have a strong reputation for exceptional service and meal planning assistance.
AG is a wholesaler providing food, general merchandise and retail services to stores throughout Washington, Oregon, Alaska, Hawaii, Guam, and the Pacific Rim. Since its founding in 1934, AG has leveraged its group buying power to facilitate the success of its over 350 customer locations. Headquartered in Seattle, Washington, AG procures and distributes a comprehensive selection of fresh and traditional supermarket commodities including: grocery, meat, produce, deli, natural, specialty, ethnic, service deli, service bakery, health and beauty care, and general merchandise.
To learn more about Associated Grocers, Incorporated, visit: http://www.agsea.com
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