Business & Real Estate

New Raley’s market will anchor subdivision in Rancho Cordova

A rendering of a new supermarket planned for Rancho Cordova. Though the drawing has the Raley’s banner, the retail chain has not yet committed to the store brand it will locate there.
A rendering of a new supermarket planned for Rancho Cordova. Though the drawing has the Raley’s banner, the retail chain has not yet committed to the store brand it will locate there.

West Sacramento-based Raley’s said Monday that it will open a new grocery store as the anchor tenant of a subdivision being developed in Rancho Cordova.

Raley’s said the full-service store will have more than 40,000 square feet at the southwest corner of Sunrise Boulevard and Douglas Road. Raley’s spokeswoman Chelsea Minor said the company was not yet ready to disclose the store brand.

Raley’s operates 124 stores in Northern California and Nevada under four banners: Raley’s Supermarkets, Bel Air Markets, Nob Hill Foods and Food Source.

The Rancho Cordova subdivision is being developed by Costa Mesa-based commercial real estate developer Donahue Schriber. Construction is scheduled to begin in the spring.

Raley’s said it plans to open the Rancho Cordova store in May 2017.

“We could not be more excited about becoming a part of the greater Rancho Cordova community,” Mike Teel, Raley’s president and CEO, said in a statement. “This new store meets Raley’s strategic plan for growth and fits perfectly in our portfolio of stores.”

A Walgreens store is now at the location in the Anatolia area, where thousands of new homes are planned east of Mather. Donahue Schriber said the development site also will include a shopping center, fuel station, restaurants, retail stores and various services.

For the past year, 80-year-old Raley’s has been assessing its store locations, closing some and adding others.

In August, the grocer said it would build a new Raley’s Supermarket at Howe Avenue and Fair Oaks Boulevard, the longtime site of the former Hubacher Cadillac auto dealership. The chain plans a “moderate-sized,” 36,000-square-foot store at the Arden-area site, with construction set to begin in mid-2016. The target opening date is the second quarter of 2017.

At that time, Raley’s noted that the planned outlet was its first new store in six years.

In September, the grocery chain announced it submitted plans to build a new store on the former Capital Nursery site at 4850 Freeport Blvd. in Sacramento. That would replace a 57-year-old Raley’s that has operated just south of the planned location. The new 55,000-square-foot store is being designed to fit in with the nearby Land Park neighborhood.

In an effort to streamline operations this year, Raley’s has closed four stores that it said were struggling despite company efforts to boost business.

Those closings included a Raley’s in Winnemucca, Nev.; the Raley’s at 4551 Mack Road in south Sacramento; a Nob Hill Foods store in San Jose; and a Raley’s in Newark.

Mark Glover: 916-321-1184, @markhglover

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