Gelson's is an American regional supermarket chain operating in
Southern California
Southern California (commonly shortened to SoCal) is a geographic and Cultural area, cultural List of regions of California, region that generally comprises the southern portion of the U.S. state of California. Its densely populated coastal reg ...
. It operates service-oriented stores mostly in upscale neighborhoods.
History
According to the chain's website, the chain likely originated around the 1929 stock market crash. In 1948, Arden Farms Company merged Mayfair Markets and 48 California Van Markets into a new chain called "Mayfair Markets." By the mid-1960s, it had expanded to neighboring states with over 250 stores. However, as larger supermarkets gained popularity, most of these stores were sold off. Eventually, upscale Mayfair stores were renovated and became Gelson's branches.
The first Gelson's supermarket was opened in July 1951 by Bernard and Eugene Gelson.
The second store opened in 1960 in Encino and the third store opened in 1965 in North Hollywood.
In 1966, Arden Group acquired Gelson's.
In February 2014, Arden Group sold Gelson's to
TPG Capital
TPG Inc., previously known as Texas Pacific Group and TPG Capital, is an American private equity firm based in Fort Worth, Texas. TPG manages investment funds in growth capital, venture capital, public equity, and debt investments. The firm in ...
for $394 million.
In 2015, the company acquired 8 stores from
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Surname
* Lois Haggen (1899-1994), Canada politician in BC
* Rupert Haggen (1887-1962), Canadian politician in BC
Place Germany
*, area in Sigmarszell, Bavaria
Switzerland
*, area of St. Gallen
Other uses
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for $36 million.
In November 2017,
Bob Mariano joined the board of directors of the company.
In February 2021, Gelson's Markets was acquired by Pan Pacific International Holdings (PPIH), the parent company of Japanese retailers
Don Quijote
Don, don or DON and variants may refer to:
Places
*Don (river), a river in European Russia
* Don River (disambiguation), several other rivers with the name
* Don, Benin, a town in Benin
* Don, Dang, a village and hill station in Dang district, G ...
and Marukai Corporation.
References
External links
*
{{Supermarkets of the United States
1951 establishments in California
Encino, Los Angeles
Supermarkets of the United States
Supermarkets based in California