For faster navigation, this Iframe is preloading the Wikiwand page for ABCO Foods.

ABCO Foods

ABCO Foods was a chain of grocery stores in Phoenix and Tucson, Arizona for over 15 years, formed from a 1984 spin-off sale by the Alpha Beta division of American Stores. The Arizona regional management secured private financing to purchase the Arizona stores (most Alpha Beta locations were in California). Part of the sale agreement included a 5-year term to continue the use of the Alpha Beta brand in Arizona.[1]

The name "ABCO Markets" came about when the Alpha Beta branding agreement expired. The new name was derived from Alpha Beta's initials. The agreement also included a non-compete clause: American Stores could not reenter Arizona for a specified period of time. This agreement later allowed ABCO the first right of refusal when American Stores elected to sell the Arizona locations of Lucky supermarkets.[2]

The company was under the head of Edward Hill before being sold to the Fleming Companies, Inc. in 1996.[3] Under Fleming's leadership, ABCO changed its name to "ABCO Foods Desert Market" and converted all of its stores to a Southwestern-style desert exterior and interior design format, featuring facades of adobe and a very prominent pink color on its check stands. In 1997, ABCO Foods applied for licenses to sell liquor at nine Tucson locations.][4]

When Fleming decided to pull out of the retail category, ABCO was one of the first chains put on the block. The result was the loss of these markets, consisting of 56 stores at the time of its closure. The last ABCO store closed in the summer of 2001. The stores were sold separately to many different companies, including Safeway Inc., Bashas', Albertsons, and many independent grocers operating as IGA stores.[5] Over the past few years, many of these stores have, in turn, changed hands from their original buyers.

References

  1. ^ 34 Arizona Alpha Betas Sold
  2. ^ Lucky to sell 38 stores in Arizona
  3. ^ Fleming buys ABCO Markets
  4. ^ "City of Tucson Past Agendas". 24 December 2009. Archived from the original on 2009-12-24. Retrieved 7 January 2021.
  5. ^ Burrough, D. J. "Southwest Supermarkets Buys Up Seven ABCO Stores". GlobeSt. Retrieved 2021-08-23.
{{bottomLinkPreText}} {{bottomLinkText}}
ABCO Foods
Listen to this article

This browser is not supported by Wikiwand :(
Wikiwand requires a browser with modern capabilities in order to provide you with the best reading experience.
Please download and use one of the following browsers:

This article was just edited, click to reload
This article has been deleted on Wikipedia (Why?)

Back to homepage

Please click Add in the dialog above
Please click Allow in the top-left corner,
then click Install Now in the dialog
Please click Open in the download dialog,
then click Install
Please click the "Downloads" icon in the Safari toolbar, open the first download in the list,
then click Install
{{::$root.activation.text}}

Install Wikiwand

Install on Chrome Install on Firefox
Don't forget to rate us

Tell your friends about Wikiwand!

Gmail Facebook Twitter Link

Enjoying Wikiwand?

Tell your friends and spread the love:
Share on Gmail Share on Facebook Share on Twitter Share on Buffer

Our magic isn't perfect

You can help our automatic cover photo selection by reporting an unsuitable photo.

This photo is visually disturbing This photo is not a good choice

Thank you for helping!


Your input will affect cover photo selection, along with input from other users.

X

Get ready for Wikiwand 2.0 ๐ŸŽ‰! the new version arrives on September 1st! Don't want to wait?