Published:
Sedano's Supermarkets Expands to Orlando
MIAMI - (BUSINESS WIRE) - Sedano's Supermarkets, the number one Hispanic retailer in the United
States, announced today that it will acquire three Albertsons
supermarket locations in Central Florida. This acquisition marks
Sedano's Supermarkets' first expansion beyond its South Florida
headquarters and brings the total number of stores to 33 in Florida.
The Orlando area store locations are: 1100 N. John Young Parkway,
Kissimmee, FL 34741; 12981 S. Orange Blossom Trail, Orlando, FL 32837;
and 5660 Curry Ford Road, Orlando, FL 32822.
"We're very excited about expanding into Orlando," said Javier Herrán,
director of marketing for Sedano's Supermarkets. "The expansion into
Central Florida helps us meet customer demand, while allowing us to
quickly establish a presence and significant footprint in the Orlando
market, as we pursue opportunities for continued strategic and
conservative growth," he said.
Sedano's, with the assistance of The Food Partners, a national
investment-banking firm providing merger, acquisition and divestiture
services to the supermarket industry, strategically identified the
Albertsons locations to maximize its entry into this new market. The
store locations offer Sedano's Supermarkets a great opportunity to
respond to the needs of Orlando's burgeoning Hispanic community as well
as the general Orlando population. The stores, which vary in size from
58,000 square feet to 65,000, will feature Sedano's staple Latin
products as well as mainstream everyday items.
"Our ability to offer specialized goods, low prices and cater to our
Hispanic culture have been paramount to our success throughout the
years," said Herrán. "We have a true understanding of the Sedano's
customer and continuously seek to meet their needs with tailored product
selections that reflect the surrounding neighborhood's diverse make up
and taste."
Sedano's will officially take control of the three locations in the
first quarter 2010. The stores will boast Sedano's Supermarkets' popular
prepared foods section, custom-cut meat department and the iconic cafe
serving espresso and pastelitos.
About Sedano's Supermarkets
Founded in Hialeah, Florida in 1962 by the Herrán and Guerra families,
Sedano's Supermarkets has grown to become the number one Hispanic
retailer in the United States. Sedano's Supermarkets caters to Florida's
booming Hispanic community with more than 2,600 employees and 30
locations in Miami-Dade, Broward, Palm Beach counties. As the largest,
independently owned, Hispanic supermarket chain, Sedano's Supermarkets
is recognized for its excellent customer service, ethnic product
offering and competitive prices.
For Sedano's Supermarkets
Lissette Rodriguez - Miami, 305-442-0977
305-450-7890
(cell)
lrodriguez@republica.net
or
Giorgina
Pinedo Rolon - Orlando, 407-230-5407 (cell)
giorginapr@republica.net
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