Albertsons Drops Claims against Local Bakery & Growler Businesses

Boise, Idaho, August 8, 2019 –
Albertsons Companies today announced that it has dismissed Granny C’s and CopenRoss Growlers from its lawsuit filed July 30, 2019 regarding use of properties in the Hillcrest Shopping Center. The two tenants operate businesses in FPA Shoppes at Hillcrest LLC alongside an Albertsons store that has been there for over three decades. The lawsuit against landlord FPA Shoppes remains.

“When Albertsons filed these lawsuits at the end of July, we had no visibility into the lease agreements that had been provided to Granny C’s and CopenRoss Growlers,” said John Colgrove, President of the Intermountain Division of Albertsons. “It was only when the details of Granny C’s lease agreement were made public that we learned about the discrepancies between their lease agreement and ours. Our lease agreement from 1987 stipulates that the landlord must provide us with the opportunity to review businesses that might directly compete with products we sell. The landlord didn’t uphold their obligations to Albertsons when the landlord recruited these new tenants for Hillcrest Shopping Center. Unfortunately, all three businesses have suffered damages as a result of the landlord’s failure to uphold its obligations to Albertsons under our original lease agreement.”

Continued Colgrove, “We have reached out to the business owners of Granny C’s and CopenRoss Growlers so that we can work together to resolve the issues that have arisen from the improper lease agreements that were created by the landlord. We have a long history of supporting local businesses big and small, and this is no exception. For over three years, Albertsons has reached out to this landlord on a number of infractions, and it has been incredibly difficult to work with them. We are disappointed that the landlord misled these two local businesses, and we deeply regret any distress that the owners of Granny C’s and CopenRoss Growlers experienced as a result of this dispute. Albertsons is committed to working alongside these tenants to reach an amicable resolution with the landlord.”

About Albertsons Companies

Albertsons Companies, Inc. is one of the largest food and drug retailers in the United States, with both a strong local presence and national scale. Albertsons Cos. operates stores across 34 states and the District of Columbia under 20 well-known banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Haggen and Carrs, as well as meal kit company Plated based in New York City. Albertsons Cos. is committed to helping people across the country live better lives by making a meaningful difference, neighborhood by neighborhood. In 2018 alone, along with the Albertsons Companies Foundation, the Company gave over $262 million in food and financial support. These efforts helped millions of people in the areas of hunger relief, education, cancer research and treatment, programs for
people with disabilities and veterans outreach.