The Bashas’ supermarket chain has announced it’ll be sold to a California grocer.
The Arizona-based family owned Bashas’ operates more than 100 stores including several in northern Arizona and on the Navajo Nation. The local chain will operate as a company within the Raley’s company and will continue to serve customers on the region’s tribal lands.
Bashas' President and Chief Executive Officer Bashas’Edward “Trey” Basha and Keith Knopf, president and chief executive officer of Raley’s Holding Company made the announcement Friday.
According to a joint press release, leadership of local stores will be unchanged as will employee roles, compensation and benefits.
Bashas' was founded in 1932 by brothers Ike and Eddie Basha. The deal is expected to be completed by the end of the year.
