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BOISE, Idaho — Albertsons Cos. has agreed to acquire and rebrand four Paul’s Market stores in Idaho.
The stores, which will be converted to the Albertsons banner, are located in Homedale, Kuna, Boise and McCall, Idaho.
Paul’s Market also said that it will close its three other stores, which are located in Caldwell, Mountain Home and Nampa. Albertsons will acquire those properties.
“Over its many years operating retail food stores in the region, Paul’s Market has developed an outstanding reputation for quality, selection and service,” said Brad Street, president of Albertsons’ Intermountain Division. “We are excited to have the chance to add experienced retail employees to our ranks, as well as the opportunity to build on that foundation and earn the trust of Paul’s Market’s loyal customer base.”
The Albertsons Intermountain Division operates 84 stores in Idaho, Montana, Wyoming, Utah, Colorado, North Dakota and Nevada.
The deal is expected to close in April, the companies said.
