Skip to main content

Andronico’s In Berkeley, Out Of Bankrupcy, Open For Business

Concerned that fans and patrons think Andronico’s is totally out of business with the close of its Telegraph Avenue store in Berkeley, the food retailer's went on a big push to let you know they're still going strong, and their facilities on Shattuck Avenue, and on Solono Avenue, both in Berkeley, are still going concerns as the firm emerges from bankruptcy.



[caption id="attachment_13477" align="alignright" width="300" caption="Andronico's "][/caption] The Telegraph Avenue store was the final one to close and marks the end of a financial restructuring program that started last year, and managed to save 375 jobs in the process. Bill Andronico, third generation member of the family which founded the markets, said...

“Investment in the future of Andronico’s Markets can begin now that we are financially stable after the sale of the company to Renovo Capital. Our focus now is to build upon the strong brand built over three generations. We have completed a difficult restructuring process and I am pleased that we have been able to save the business and in the process preserve 375 jobs. We are now fully focused on improving the customer experience and business operations of the remaining stores.The closing of the Telegraph Avenue store became necessary because the property would have been too difficult to bring up to the standards that our customers expect and deserve. As a result the decision was made to close its operation. We are urging customers to shop at the Shattuck or Solano Avenue stores in Berkeley for the Andronico’s experience."

Renovo Capital Promises Reinvestment

Justin Jackson, Chief Operating Officer of Renovo Capital, said that Renovo and Andronico’s focus is on maintaining and investing in the five store that are open now. Jackson said "We have embarked on an ambitious program of significantly improving merchandising and stock conditions now that we are healthy again. Over the next year, we are committed to initiating capital improvements in all locations that will greatly enhance the categories and shopping experience our customers expect in this unique marketplace."

While many did not like that the Berkeley, Telegraph Avenue store closed, the reality is that it was part of the overall reduction of Andronico's store as a whole. At best there were 14 stores, then that dropped to eight in 2010, and now just five. And the opening and popularity of the giant, 55,000 square-foot Whole Foods Store in Oakland only served to hurt Andronico's Telegraph Avenue venue. Renovo Capital's working on maintaining what exists now.

Stay tuned.

Comments

daisyjimmy72 said…
Hi

I read this post two times.

I like it so much, please try to keep posting.

Let me introduce other material that may be good for our community.

Source:Marketing administrator job description

Best regards
Henry

Popular posts from this blog

Alex Castro, Electronic Arts VP, Is Oakland’s “Fake Joe Tuman”, “Crocker Mom”

Alex Castro, is currently Vice President Of Product Management At Electronic Arts, and a fairly-well-known and legendary tech executive, regularly quoted in a number of industry publications. But Alex Castro’s also an Oakland resident who has the terrible habit of going online, making traceble email accounts from his Electronic Arts office, and posing as someone […] from WordPress http://ift.tt/1fVkWP9 via IFTTT

Interview: Imani, Chef Owner of Roasted and Raw RoastedRaw.com, For Oakland Restaurant Week 2023

Interview: Imani, Chef Owner of Roasted and Raw RoastedRaw.com, For Oakland Restaurant Week 2023 Interview: Imani, Chef Owner of Roasted and Raw RoastedRaw.com, For Oakland Restaurant Week 2023. Imani Greer gets a highlight in The Oakland Post: Chef Imani Greer, a culinary entrepreneur, has created quite a stir — and menu — for the Bay Area’s vegan-loving community with the opening of his new Roasted and Raw (R&R) restaurant near Oakland’s Jack London Square. I am proud to welcome him to Zennie62Media for Oakland Restaurant Week 2023. Stay tuned. via YouTube https://www.youtube.com/watch?v=8QvMqVWLAH4

Event: Jog For Jill San Francisco Run September 12th Golden Gate Park

Cal Women's Rowing Team member Jill Costello passed away from complications due to lung cancer on June 24th 2010 and at the age of 21. A San Francisco event and run called Jog For Jill has been established and will be held this Sunday, September 12th at 5 PM. Two members of the Cal Women's Crew team were at the Cal vs. Davis football game wearing Jog For Jill shirts, and were kind enough to provide the video interview above. Below are the other details from the event website, where you're encouraged to pre-register here CLICK FOR SITE : Pre-Registration: Online/$25 Day of Registration: 4:00 p.m./$30 Shotgun Start: 5:00 p.m. After run/walk celebration: 6:00 p.m.- 8:30 p.m. Event Location: Golden Gate Park Music Concourse Bandshell S Tea Garden Drive San Francisco, California 94118 Participants are encouraged to pre-register. Only pre-registered participants will be guaranteed a walk/run T-shirt. T-shirts will be limited to the first 2500 day of regis