• From the Phoenix Business Journal:
"The Raley's Companies, the California-based parent company of Arizona's Bashas' grocery store chain, says it will lay off 47 employees as it eliminates some corporate positions.
"The Raley's Companies, headquartered in West Sacramento, also owns the Raley's, Bel Air and Nob Hill Foods grocery store chains. The company acquired Bashas' in 2021.
"Chelsea Carbahal, vice president of public affairs for The Raley's Companies, said the company is making changes to its expense structure in response to 'macroeconomic challenges' that the grocery industry as a whole is facing, which have led to changing customer behavior.
"'This is us being proactive and really getting ahead of it,' Carbahal said. 'The grocery market in California is down between 4 and 5%, and we expect that to continue, so this is a proactive effort to work on our company expense structure and to continue our position in the market. We are very strong and our market share is growing, even despite the market contraction that we are seeing.'
"The Raley's Companies notified employees Thursday that 72 corporate employees working in administrative support positions would have their roles eliminated, effective Feb. 2. Carbahal said 25 of those employees have been offered roles within the company's stores. The company is also eliminating 38 administrative support jobs that are currently open."