Albertsons will buy and rebrand four Paul’s Market stores in the Treasure Valley and McCall. It also will buy three locations that Paul’s Market plans to close as part of the purchase agreement.
The Idaho-based companies announced the deal Monday. Albertsons expects the deal to close in April. The companies did not say how much Albertsons will pay for the stores and properties.
These locations will become Albertsons stores:
▪ 20 E. Wyoming, Homedale
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▪ 700 E. Avalon, Kuna
▪ 10565 Lake Hazel, Boise
▪ 132 East Lake, McCall
Paul’s Market plans to close its three stores in Caldwell, Mountain Home and Nampa. The properties are being sold to Albertsons.
Paul’s Market started in 1955.
“Over its many years operating retail food stores in the region, Paul’s Market has developed an outstanding reputation for quality, selection and service,” said Brad Street, president of Albertsons Intermountain Division. “We are excited to have the chance to add experienced retail employees to our ranks, as well as the opportunity to build on that foundation and earn the trust of Paul’s Market loyal customer base.”
Stan and Steve Zatica, co-owners of Paul’s Market, said in a news release that “the folks at Albertsons share our values and commitment to providing the best to our communities. ... We sincerely thank our communities for 60 years of shopping with us, and we look forward to watching how these stores evolve to serve their customers for the future.”