Acquisition of 49th Parallel Grocery stores in Ladysmith, Chemainus, Cedar and Duncan brings the number of Country Grocer locations on Vancouver Island to 11.
Country Grocer is acquiring the four 49th Parallel Grocery stores in Ladysmith, Chemainus, Cedar and Duncan, bringing the number of Country Grocer locations on Vancouver Island to 11.The Richmond family — shareholders of 49th Parallel Grocery — thanked the communities it has served, and those who have worked for the company over the past 46 years.
“Much like the Richmond family, Country Grocer’s operations began as humble beginnings in 1984 here on Vancouver Island, and today is operated by a multi-generational ownership team who will be dedicated to continuing the legacy of quality service to these communities for years to come.” Craig Cavin, Country Grocer’s operations director for Victoria and the south Island, said the acquisition is “one step in the start of a few that we’re going to take long-term.”
While the new stores come at a challenging time in the grocery business, amid rising inflation, he said the timing has worked out well. “The Richmond family who’s involved, they don’t have anybody in that next generation to carry on.”
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