Magruders to Sell All Locations


Fri. January 18th, 2013

<p style="text-indent:0px; line-height:12px;"><span style="font-weight:bold;">Rockville, MD-</span><hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">By ANUK Staff<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">1.18.13</p><hr class="legacyRuler"><hr class="invisible minimal-padding"><p>Family-owned since 1967, the Washington D.C. based market Magruders announced the sale of a store on Connecticut Avenue and plans to sell the remaining locations.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"><img src="https://cdn.andnowuknow.com/legacyWriterImages/macgruders011813ban.jpg" alt="images011713" /><hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">The company is currently in negotiations to sell the remaining four locations to a group who wishes to purchase the individual stores and reopen them as quickly as possible. At the four locations in Vienna, Seminary, Rockville, and Gaithersburg, a 50% sale off all purchases will take effect.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"> “We would like to thank everyone including our incredible management staff, our hard working United Food and Commercial Unionized employees, our outstanding vendors and suppliers and of course the most unbelievably dedicated and loyal customers that have allowed us to remain in business these past 46 years,” said VP Gary Bortnick<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">According to the Washington Post, the move takes place as competitors open locations in the area, including Wegmans, Trader Joes, and Whole Foods.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">Having served the Washington area for 138 years, Bortnick reflects on his family's legacy in the industry: “Although this is a difficult decision, it has been a pleasure and privilege to have been an important part of Washington history dating from the days of President Ulysses S. Grant to President Obama and 26 President in between. However, now is the right time for our family to move on.”</p><hr class="legacyRuler"><hr class="invisible minimal-padding"><p><a class="btn btn-sm btn-primary col-lg-12" style="white-space: normal;" href="http://www.magruders.com/" target="_new">Magruders </a></p><hr class="legacyRuler"><hr class="invisible minimal-padding">