![]() Once the transaction is complete, Fred’s will operate approximately 162 pharmacies across nearly 600 stores. In a separate deal also announced this week, Walgreens is acquiring the pharmacy files of 185 units of the Memphis-based general merchandise discounter Fred’s Inc.įred's plans to use proceeds of approximately $165 million to address debt, and said it would continue to operate its retail stores at most of these locations after the pharmacies close. Stater earlier this year said it was expanding a generic prescription program to better serve pharmacy customers but Van Helden acknowledged CVS would provide “customers with the resources and services needed to continue their healthcare regimen.”ĬVS is expected to interview many of the SuperRX pharmacy employees. The SuperRX units were located in stores in Palm Springs, Fullerton, Temecula, Lake Forest, Huntington Beach, Encinitas, Poway, Chino Hills, Corona, Moreno Valley, Beaumont, Wildomar, Fontana (two locations), Adelanto, Winchester, Apple Valley, San Jacinto, Highland, Chino, Moreno Valley and Carlsbad. ![]() Stater operates 171 stores overall in California’s Inland Empire. Stater Bros.-which is in the midst of a renovation spree that saw five units reopen this month with new lighting and features like expanded grab-and-go foods, sushi and bulk foods-said its stores will remain open while the company converts the former pharmacy space. We remain committed to providing our valued customers with the very best grocery shopping experience.” “This business decision will allow the company to grow areas of our core food business that meet the evolving food needs and shifting grocery preferences of our customers. is a strong and competitive company within the Southern California supermarket landscape poised for continued growth,” Stater Bros. The San Bernadino, Calif.-based food retailer said it expects to complete the sale of pharmacy records and inventory to nearby CVS stores shortly and that SuperRX pharmacies in Stater stores will close by Sept. Markets is winding down its 22 SuperRX pharmacies currently operating in its stores and said it will redeploy the space to meet emerging food trends. donated more than $14 million in support of nonprofit organizations in the communities it serves and is the proud recipient of the "2010 Community Service Award" from America's Supermarket Industry. The Company currently operates 167 Supermarkets, and there are over 19,000 members of the Stater Bros. Markets was founded in 1936 in Yucaipa, California, and has grown steadily through the years to become the largest privately owned Supermarket Chain in Southern California and the largest private employer in both San Bernardino County and Riverside County, with annual sales in 2009 of $3.77 billion. Information is available at About Stater Bros. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. ![]() ( NYSE: JPM) is a leading global financial services firm with assets of $2 trillion and operations in more than 60 countries. Markets, a California business that has earned the loyalty of its customers." "It's exciting to partner with Stater Bros. "The 13 new locations are part of Chase's strategy and commitment to significantly grow its branch network in California and will make Chase even more convenient for our customers, who will be able to get a lot accomplished in one stop," said Pablo Sanchez, Chase's region executive. Moreno Valley - 14425 Moreno Beach Drive."Our customers will definitely benefit from the added convenience of shopping for groceries and handling their banking needs all at one location."Īn additional eight Chase Banks will be opening by mid-year in the following Stater Bros. "We're pleased to partner with Chase to provide more services and convenience to our 'valued customers'," said Jack H. Lake Elsinore – 29995 Canyon Hills Road.Chino Hills – 14250 Chino Hills Parkway.The first five Chase bank branches will open today, Monday, March 8, at the following Stater Bros. Each new, fully staffed Chase bank branch will also include an ATM and will be open from 9 a.m. Supermarkets will soon include new full-service Chase bank branches. , March 8 /PRNewswire/ - As an added convenience for customers, thirteen (13) Stater Bros.
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