Andronico's Markets files for bankruptcy
SAN FRANCISCO (KGO) -- Family-owned supermarket chain Andronico's Markets has filed for bankruptcy.
The San Francisco-based grocer is considering a sale to private investors.
Andronico's owners blame the stores' money problems on aggressive expansion and the economic downturn. Andronico's has seven stores in the Bay Area.
A spokesman says there are no immediate plans to close stores or layoff employees. The sale is expected to be completed within three months.
- Wounded police officer back in surgery
- Amber Alert canceled for child from Long Beach
- Officials investigating acid spill at Tesoro refinery
- Conn. shooter's dad: 'You can't get any more evil'
- Drought prompts officials to release water in Delta
- Tuolumne County man found guilty in I-580 shooting
- Petaluma foster home in danger of closing
- 6.9 earthquake rattles Northern California
- Man gets prison time in laser-pointer case
- Bill introduced to have utilities develop security plan
- Petaluma police searching for suspected drive-thru thief
- abcnews: 'The Bachelor' Finale Full Recap
- weather: Bay Area weather forecast for Tuesday
- roundup: Tesoro chemical spill; SOMA fire