Downtown Ralphs opens Friday

This is only a supermarket, mind you, but it's downtown's very first in more than half a century. And it comes after years of delays that have provided a lightning rod for folks who have been skeptical about the downtown renaissance. Seeking out the higher-end crowd, Ralphs will offer extra-fancy produce and specialty products (sounds like a Gelsons wanna-bee). Friday is the ribbon cutting. It’s worth noting that sales volume at the store is expected to be $500,000 a week, half that of the highest-performing store (that might explain why it's taken so long to get the thing up and running). Ralphs President Dave Hirz said that the chain is looking at designs for a new location at First and Grand, where the Grand Avenue project is expected to break ground later this year. (Downtown News)


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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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