Raley’s buys 6 Nevada stores from Scolari’s Food & Drug

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Raley’s buys 6 Nevada stores from Scolari’s Food & Drug

By David Salazar - 03/23/2018
Family-owned grocer Raley’s has acquired six new stores in northern Nevada, the company announced Friday. The purchase from Scolari’s Food & Drug includes five stores under the eponymous banner that will be transferred to the Raley’s banner and one Sak ’N Save that will maintain its name and operate as part of the Raley’s food source division.

“I am pleased that Raley’s will reach and serve even more customers,” Raley’s chairman and CEO Michael Teel said. “Making healthy and affordable food available to more people aligns with our purpose to infuse life with health and happiness, by changing the way the world eats, one plate at a time.”

Raley’s adds these locations to its existing 14 locations in Nevada that include 11 Raley’s banners, one Food Source store and two Aisle One fuel stations.

“We expect to build on the existing customer base by offering even more products and categories at a price that is affordable,” Raley’s president Keith Knopf said. “The Raley’s team will actively listen to customers, and we look forward to learning what the customers want and need from us. We take seriously the stewardship passed to us by the Scolari’s family and will work to preserve the positive impact they have created.”

Raley’s said that more details about the purchase would be shared at a later date. It said it expects the conversions to be complete by late spring.

“With complementary markets and strong family values, we believe Raley’s was the right partner to assume the operation of the six locations of our family business,” Joey Scolari, CEO of Scolari’s Food & Drug, said. “We are confident our customers and employees will be served well under the stewardship of the Raley’s organization.”

The following stores are included in the purchase:

  • Scolari’s Food & Drug: 3310 South McCarran Boulevard, Reno, Nev.;

  • Scolari’s Food & Drug: 4788 Caughlin Parkway, Reno, Nev.;

  • Scolari’s Food & Drug: 1400 US Highway 95A North, Fernley, Nev.;

  • Scolari’s Food & Drug: 176 West Goldfield Avenue, Yerington, Nev.;

  • Scolari’s Food & Drug: Hwy 95 – Air Force Road, Tonopah, Nev.; and

  • Sak ‘N Save: 1901 Silverada Boulevard, Reno, Nev.


 

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