February 15, 2005
Is Randall Onstead ready to resurrect Randall's?
Mr. Onstead and his late father sold 117 Randall's supermarkets to Safeway in 1999 for $1.5 billion. Since that time, Safeway has mismanaged the Randall's stores to the point where the chain -- which was once the cream of the crop of Houston supermarkets -- is now an afterthought to Kroger, H.E.B. and even WalMart in the Houston market for supermarkets. Having the Onstead Family reacquire the Randall's chain would be a welcome relief to Safeway's mismanagement of the stores.
Posted by Tom at February 15, 2005 7:22 AM |
Did Randall Olmstead purchase back his stores from Safeway?
Thanks in advance for your prompt reply.
Posted by: Howie Jacobs at May 2, 2005 10:54 AM
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