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Second Richmond Albertson's in a Year to Close
August 27, 2002
Earlier this year, the Albertsonís at 4701 Valley View Road in the El Sobrante area of Richmond closed. Now, Albertsonís has announced plans to close its food store at Hilltop Mall in Richmond effective Thursday, September 5, 2002, at 6:00 p.m.

According to Albertsons Public Affairs Regional Manager Stacia Levenfeld, company officials say the store has been an under-performing asset and the difficult decision to close the store was made after the company exhausted its efforts to improve the storeís market position. However, company representatives say Albertsons remains committed to finding other opportunities to invest in the City of Richmond.

Mayor Anderson met with Ms. Levenfeld to discuss the reasons for the store closure and how to move forward with filling the void that will result from this action. Assistant City Manager of Community and Economic Development Jay Corey will be meeting with Albertsons officials, including the company president, to identify other possible locations to invest in the community. A community meeting will be held in the Hilltop area on Wednesday, September 11, 2002, with Albertsons representatives. Albertsons officials say they are working with employees to place them in other stores in the area.
 

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