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Add: date, title. Changed bare reference to CS1/2. | Use this bot. Report bugs. | Suggested by Jay8g | Category:Articles with bare URLs for citations from March 2024 | #UCB_Category 494/683
 
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| former_name =
| former_name =
| type = {{flat list|
| type = {{flat list|
* [[Privately held company|Private]]
* Privately held company
}}
}}
| industry = [[Grocery|Retail (Grocery)]]
| industry = [[Grocery|Retail (Grocery)]]
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| location_city = [[Encino, California]]
| location_city = [[Encino, California]]
| location_country = U.S.
| location_country = U.S.
| num_locations = 27
| num_locations = 28
| num_locations_year = 2022
| num_locations_year = 2023
| products = Bakery, delicatessen, dairy, grocery, frozen foods, organic foods, bulk foods, meat, produce, seafood, wine, beer, spirits, floral products, pet supplies, general merchandise, prepared foods, coffee <ref>{{Cite web|url=https://www.wegmans.com/|title=Wegmans Food Markets: Grocery & Meal Delivery or Curbside|website=Wegmans}}</ref>
| products = Bakery, delicatessen, dairy, grocery, frozen foods, organic foods, bulk foods, meat, produce, seafood, wine, beer, spirits, floral products, pet supplies, general merchandise, prepared foods, coffee <ref>{{Cite web|url=https://www.wegmans.com/|title=Wegmans Food Markets: Grocery & Meal Delivery or Curbside|website=Wegmans}}</ref>
| services = [[Pharmacy]], [[Catering]]
| services = [[Pharmacy]], Catering
| area_served = {{flat list|
| area_served = {{flat list|
* [[Southern California]]
* [[Southern California]]
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| homepage = {{URL|gelsons.com}}
| homepage = {{URL|gelsons.com}}
}}
}}
'''Gelson's''' is a regional [[supermarket]] chain operating in [[Southern California]]. It operates service-oriented stores mostly in upscale neighborhoods.<ref>{{cite news | url=https://www.supermarketnews.com/archive/gelsons-sees-new-growth-opportunity | title=Gelson's Sees New Growth Opportunity | first=Elliot | last=Zwiebach | work=Supermarket News | date=October 17, 1994}}</ref>
'''Gelson's''' is a regional supermarket chain operating in [[Southern California]]. It operates service-oriented stores mostly in upscale neighborhoods.<ref>{{cite news | url=https://www.supermarketnews.com/archive/gelsons-sees-new-growth-opportunity | title=Gelson's Sees New Growth Opportunity | first=Elliot | last=Zwiebach | work=Supermarket News | date=October 17, 1994}}</ref>

⚫
The Mayfair Connection actually began years before Gelson's did. Estimates put the genesis of the chain sometime around the stock market crash of 1929. In 1948, Arden Farms Company owned both Mayfair Markets and 48 California Van Markets. Arden created a new chain of stores: a new "Mayfair Markets", from the two existing chains. In the mid-1960s, the chain had extended to neighboring states: Arizona, Utah, Oregon, Washington, and Nevada, with more than 250 stores in total. Arden-Mayfair gradually sold off most of the stores, as the market favored supermarket formats that were larger in size. Over time, all the more upscale Mayfair stores were renovated and became branches of Gelson's.<ref>[https://www.gelsons.com/about/company-info/history.html "History of Gelson's", Gelson's Market official website]</ref>


==History==
==History==
⚫
According to the chain's website, the chain likely originated around the 1929 stock market crash. In 1948, Arden Farms Company merged Mayfair Markets and 48 California Van Markets into a new chain called "Mayfair Markets." By the mid-1960s, it had expanded to neighboring states with over 250 stores. However, as larger supermarkets gained popularity, most of these stores were sold off. Eventually, upscale Mayfair stores were renovated and became Gelson's branches.<ref>[https://www.gelsons.com/about/company-info/history.html "History of Gelson's", Gelson's Market official website]</ref>
⚫
The first Gelson's supermarket was opened in July 1951 by Bernard and Eugene Gelson.<ref name=bernard>{{cite news | url=https://www.latimes.com/archives/la-xpm-2005-jan-13-me-gelson13-story.html | title=Bernard Gelson, 84; Built Chain of Upscale Markets | work=[[Los Angeles Times]] | date=January 13, 2005 | url-access=subscription}}</ref> The second store opened in 1960 in Encino and the third store opened in 1965 in North Hollywood.<ref name=bernard/>

⚫
The first Gelson's supermarket was opened in July 1951 by Bernard and Eugene Gelson.<ref name="bernard">{{cite news | url=https://www.latimes.com/archives/la-xpm-2005-jan-13-me-gelson13-story.html | title=Bernard Gelson, 84; Built Chain of Upscale Markets | work=[[Los Angeles Times]] | date=January 13, 2005 | url-access=subscription}}</ref> The second store opened in 1960 in Encino and the third store opened in 1965 in North Hollywood.<ref name="bernard" />


In 1966, Arden Group acquired Gelson's.<ref>{{cite news | url=https://www.latimes.com/business/la-fi-mo-gelsons-sale-20131221-story.html | title=Gelson's parent Arden to be sold to investment firm TPG | work=[[Los Angeles Times]] | date=December 21, 2013 | url-access=subscription}}</ref>
In 1966, Arden Group acquired Gelson's.<ref>{{cite news | url=https://www.latimes.com/business/la-fi-mo-gelsons-sale-20131221-story.html | title=Gelson's parent Arden to be sold to investment firm TPG | work=[[Los Angeles Times]] | date=December 21, 2013 | url-access=subscription}}</ref>
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In 2015, the company acquired 8 stores from [[Haggen]] for $36 million.<ref>{{cite news | url=https://www.sandiegouniontribune.com/business/real-estate/sdut-haggen-gelsons-smart-final-2015nov16-htmlstory.html | title=Gelson's CEO has high hopes for San Diego | first=PHILLIP | last=MOLNAR | work=[[The San Diego Union-Tribune]] | date=November 16, 2015}}</ref>
In 2015, the company acquired 8 stores from [[Haggen]] for $36 million.<ref>{{cite news | url=https://www.sandiegouniontribune.com/business/real-estate/sdut-haggen-gelsons-smart-final-2015nov16-htmlstory.html | title=Gelson's CEO has high hopes for San Diego | first=PHILLIP | last=MOLNAR | work=[[The San Diego Union-Tribune]] | date=November 16, 2015}}</ref>


In November 2017, [[Bob Mariano (executive)|Bob Mariano]] joined the [[board of directors]] of the company.<ref>{{cite news | url=https://www.supermarketnews.com/executive-changes/mariano-joins-gelson-s-board | title=Mariano joins Gelson's board | first=Diana | last=Boss | work=Supermarket News | date=November 2, 2017}}</ref>
In November 2017, [[Bob Mariano (executive)|Bob Mariano]] joined the board of directors of the company.<ref>{{cite news | url=https://www.supermarketnews.com/executive-changes/mariano-joins-gelson-s-board | title=Mariano joins Gelson's board | first=Diana | last=Boss | work=Supermarket News | date=November 2, 2017}}</ref>

In February 2021, Gelson's Markets was acquired by Pan Pacific International Holdings (PPIH), the parent company of Japanese retailers [[Don Quijote (store)|Don Quijote]] and Marukai Corporation.<ref>{{cite web | url=https://www.supermarketnews.com/retail-financial/gelson-s-markets-be-sold-japanese-retailer-ppih | title=Gelson's Markets to be sold to Japanese retailer PPIH | date=24 February 2021 }}</ref>


==References==
==References==
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[[Category:Encino, Los Angeles]]
[[Category:Encino, Los Angeles]]
[[Category:Supermarkets of the United States]]
[[Category:Supermarkets of the United States]]
[[Category:Supermarkets based in California]]

Latest revision as of 08:24, 5 March 2024

Gelson's Markets, Inc.
Company type
  • Privately held company
IndustryRetail (Grocery)
FoundedJuly 1951 (73 years ago) (1951-07) in Burbank, California, U.S.
Founders
  • Bernard Gelson
  • Eugene Gelson
Headquarters
Encino, California
,
U.S.
Number of locations
28 (2023)
Area served
Key people

John Bagan (President)

ProductsBakery, delicatessen, dairy, grocery, frozen foods, organic foods, bulk foods, meat, produce, seafood, wine, beer, spirits, floral products, pet supplies, general merchandise, prepared foods, coffee [1]
ServicesPharmacy, Catering
RevenueIncrease $637 million (2021)
OwnerPPIH
Number of employees
3,000 (2021)
Websitegelsons.com

Gelson's is a regional supermarket chain operating in Southern California. It operates service-oriented stores mostly in upscale neighborhoods.[2]

History[edit]

According to the chain's website, the chain likely originated around the 1929 stock market crash. In 1948, Arden Farms Company merged Mayfair Markets and 48 California Van Markets into a new chain called "Mayfair Markets." By the mid-1960s, it had expanded to neighboring states with over 250 stores. However, as larger supermarkets gained popularity, most of these stores were sold off. Eventually, upscale Mayfair stores were renovated and became Gelson's branches.[3]

The first Gelson's supermarket was opened in July 1951 by Bernard and Eugene Gelson.[4] The second store opened in 1960 in Encino and the third store opened in 1965 in North Hollywood.[4]

In 1966, Arden Group acquired Gelson's.[5]

In February 2014, Arden Group sold Gelson's to TPG Capital for $394 million.[6][7]

In 2015, the company acquired 8 stores from Haggen for $36 million.[8]

In November 2017, Bob Mariano joined the board of directors of the company.[9]

In February 2021, Gelson's Markets was acquired by Pan Pacific International Holdings (PPIH), the parent company of Japanese retailers Don Quijote and Marukai Corporation.[10]

References[edit]

  1. ^ "Wegmans Food Markets: Grocery & Meal Delivery or Curbside". Wegmans.
  2. ^ Zwiebach, Elliot (October 17, 1994). "Gelson's Sees New Growth Opportunity". Supermarket News.
  3. ^ "History of Gelson's", Gelson's Market official website
  4. ^ a b "Bernard Gelson, 84; Built Chain of Upscale Markets". Los Angeles Times. January 13, 2005.
  5. ^ "Gelson's parent Arden to be sold to investment firm TPG". Los Angeles Times. December 21, 2013.
  6. ^ Calvey, Mark (February 19, 2014). "TPG Capital buys Los Angeles specialty grocer for $394 million". American City Business Journals.
  7. ^ "Arden Group, Inc., Parent of Gelson's Markets, Announces Completion of Acquisition by TPG" (Press release). Business Wire. February 19, 2014.
  8. ^ MOLNAR, PHILLIP (November 16, 2015). "Gelson's CEO has high hopes for San Diego". The San Diego Union-Tribune.
  9. ^ Boss, Diana (November 2, 2017). "Mariano joins Gelson's board". Supermarket News.
  10. ^ "Gelson's Markets to be sold to Japanese retailer PPIH". 24 February 2021.

External links[edit]

Retrieved from "https://en.wikipedia.org/w/index.php?title=Gelson%27s_Markets&oldid=1211931021"