Andronico's

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Andronico's Market Inc.

Type	Private/Grocery
Founded	Berkeley, 1929
Headquarters	Albany, California
Key people	William Andronico, Pres/CEO James E. Robinson, VP/COO Mittie Grigsby, CFO
Industry	Retail
Products	Bakery, dairy, deli, frozen foods, general grocery, meat, pharmacy, produce, seafood, snacks, liquor
Website	www.andronicos.com

Andronico's is a supermarket chain based primarily in the San Francisco Bay Area. Its first store was founded in 1929 on Berkeley's Solano Avenue by Greek immigrant Avinash Andronico. Since then, thirteen additional stores have opened and four have since closed. The Walnut Creek store closed December 22, 2006, and the Danville location closed on September 16 2006, after eight years, was sold to its rival Lunardi's Super Markets.

Andronico's is currently in its third generation of ownership.

[edit] Market positioning

The content and presentation is upscale, with higher prices, higher quality, more exotic section, and bright, spacious presentation, fewer total items, and smaller square footage than the major popular priced markets of Safeway and Albertsons.

[edit] Financial Decisions

Andronico's has been suffering much competition from other grocers, particularly in Contra Costa County area. Within three months both of their east of Berkeley locations were shuttered. Following the Danville store closure, CEO Bill Andronico declared Andronico's store closures would be done, yet three months during the closure of the Walnut Creek Store, similar assurances were again made.^{[citation needed]} The stores were closed to reduce company debt, projects on remodeling the remaining eight stores are proposed.^{[citation needed]}