ARIZONA NEWS

California company completes purchase of Chandler-based grocer Bashas’

Dec 16, 2021, 4:35 AM

(Facebook Photo/Bashas' Supermarkets)...

(Facebook Photo/Bashas' Supermarkets)

(Facebook Photo/Bashas' Supermarkets)

PHOENIX — The purchase of Chandler-based grocer Bashas’ by The Raley’s Companies has been completed, the company announced Wednesday.

The agreement was signed on Oct. 1, with the transition closing earlier this week.

Bashas’ is now combined with a larger portfolio of retail and technology holdings controlled and managed by The Raley’s Companies, but the company said it is committed to preserving and enhancing the existing Bashas’ brands.

Bashas’ brands include Food City, AJ’s Fine Foods, Diné Market and Eddie’s Country Store.

“Now part of a larger organization, the increased resources will ensure that reinvestment in stores, new store growth, expansion into new markets, enhanced technology, and charitable giving is amplified,” Keith Knopf, president and CEO of The Raley’s Companies, said in a press release.

The West Sacramento-based, family-owned company also said all hourly team members in eligible roles working in the distribution center and retail locations in Arizona, New Mexico and Tribal Nations will receive a wage increase early next year.

“We are humbled by the opportunity to assume stewardship of the Basha’s legacy,” Michael Teel, owner and chairman of The Raley’s Companies, said in the release.

“As the owner of a multigenerational family business, I, along with my wife, Julie, understand the importance of this responsibility. We will be worthy of the Basha family’s trust, the communities’ support, and dedication of the nearly 9,000 team members across Arizona, New Mexico, and the four Tribal Nations.”

The company said the Bashas’ corporate office will remain in Chandler, with Trey Basha serving as the president of the Bashas’ Operating Company.

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.

Arizona News

Bipartisan state budget of $16 billion passes in Arizona Legislature...

ktar.com

Weekend Wrap: Here are the biggest Phoenix news stories from June 14-16

From Arizona lawmakers passing a controversial bipartisan state budget to a fire blazing north of Fountain Hills, here are some of the biggest news stories in the Valley over the weekend.

34 minutes ago

A man is dead after he was shot overnight in north phoenix....

KTAR.com

Parking dispute leaves Phoenix man dead in overnight shooting

A man is dead after he was shot overnight in north Phoenix.

57 minutes ago

A 2-year-old girl died after falling into a backyard pool in Phoenix....

KTAR.com

2-year-old girl found dead in Phoenix backyard pool

Detectives are investigating the death of a 2-year-old girl who was found in a backyard pool on Saturday in Phoenix.

3 hours ago

Firefighting crews are battling the Riverside Fire north of Fountain Hills. (Tonto National Forest ...

KTAR.com

Bartlett Lake recreational areas north of Fountain Hills evacuated for Riverside Fire

The recreational areas near Bartlett Lake have been evacuated as firefighters battle the Riverside Fire north of Fountain Hills.

4 hours ago

A 2-year-old boy died after he was found in a backyard jacuzzi Saturday. (Pixabay photo)...

KTAR.com

2-year-old boy found in west Phoenix jacuzzi dies

Detectives are investigating the death of a two-year-old boy who was found in a backyard jacuzzi on Saturday in west Phoenix.

5 hours ago

State's new budget a sore spot for attorney general - Here's why...

Serena O'Sullivan

Arizona AG ‘extremely disappointed’ with state budget cuts to opioid settlement funds

Arizona Attorney General Kris Mayes released a statement saying she is "extremely disappointed" with the state's new budget on Saturday.

6 hours ago

Sponsored Articles

...

Midwestern University

Midwestern University Clinic visits boost student training & community health

Going to a Midwestern University Clinic can help make you feel good in more ways than one.

...

Midwestern University

Midwestern University Clinics: transforming health care in the valley

Midwestern University, long a fixture of comprehensive health care education in the West Valley, is also a recognized leader in community health care.

...

Collins Comfort Masters

Here’s 1 way to ensure your family is drinking safe water

Water is maybe one of the most important resources in our lives, and especially if you have kids, you want them to have access to safe water.

California company completes purchase of Chandler-based grocer Bashas’