Lucky Stores (frequently referred to as "Lucky's") is an American supermarket chain founded in Alameda County, California in 1935. Lucky is currently operated by Save Mart in Northern California.
In 1998, Lucky's parent company, American Stores, was taken over by Albertsons, and by 1999 the Lucky brand had disappeared. On January 23, 2006, SuperValu, CVS Pharmacy, and an investment group led by Cerberus Capital Management announced they had agreed to acquire Albertsons for $17.4 billion. Existing Albertsons stores were divided between Supervalu and the Cerberus-led group; the Cerberus-acquired stores became Albertsons LLC, which then sold its northern California and northern Nevada stores to Save Mart.
In 2006, both SuperValu and Save Mart began re-branding some Albertsons locations as Lucky stores, using the old logo. However, the same year, Grocery Outlet, an unrelated Northern California retailer, also began branding some of its stores as Lucky, claiming that Albertsons had given up rights to the Lucky trademark when it had retired the brand in 1999. In January 2009 a federal judge ruled against Grocery Outlet, finding that Albertsons had continued to use the name Lucky even after the re-branding of its stores.
SuperValu has positioned Lucky as "'true neighborhood stores,' meaning they meet the unique needs of communities by providing the right products and assortment at the right price."
Read more about Lucky Stores: Controversy
Famous quotes containing the words lucky and/or stores:
“It struck me that the movies had spent more than half a century saying, “They lived happily ever after” and the following quarter-century warning that they’ll be lucky to make it through the weekend. Possibly now we are now entering a third era in which the movies will be sounding a note of cautious optimism: You know it just might work.”
—Nora Ephron (b. 1941)
“Piles of gold are not as good as stores of grain.”
—Chinese proverb.