Idaho-based company buys Bella’s Market in Gypsum
GYPSUM — An Idaho company is buying Bella’s Market in Gypsum, where residents witnessed something they hadn’t seen for months, trucks delivering products to the store.
Ridley’s Family Markets is expected to complete the deal this week, said town of Gypsum officials.
Shelves at the store had been growing more and more bare for much of this year, a pattern owner Sam Mancini duplicated in almost all 11 of his Colorado stores before either selling them or relinquishing them to their previous owners.
Mancini also owes the town of Gypsum a few months of sales taxes, confirmed Town Manager Jeff Shroll.
Gypsum residents began spotting delivery trucks products Saturday morning, backed into the store’s loading dock.
Ridley’s also bought Mancini’s store in Wellington, which had also seen bare shelves for months.
30 stores, four states
Ridley’s Family Markets is a family-owned chain of grocery stores based in Jerome, Idaho. It was founded in 1984 in Payson, Utah. The company operates 30 supermarkets in Idaho, northern Utah, Nevada and Wyoming.
“We are excited to start doing business in Gypsum soon,” said Mark Ridley, director of operations. “The team of people working in these stores have been very dedicated and working hard to make them successful, and we know they will be as part of the Ridley’s family of stores.”
Mancini announced the sale last month, without naming a buyer. However, that was Ridley’s was one of the worst-kept secrets in town.
“We look forward to being introduced to Ridley’s and developing a relationship with their company,” Shroll said.
Ridley’s promotes its stores as “small enough to serve you. Large enough to save you money.”
BC: Before Columbine
Gypsum has not always had a grocery store.
Lifetime local Howard Tuthill built and opened Columbine Market in Gypsum almost 20 years ago. Before that, the town had not had a grocery for decades, and Gypsum residents had to travel to Eagle or Glenwood Springs.
Tuthill’s Columbine Market quickly became one of the community’s heart beats.
“We are confident that the customers in both Wellington and Gypsum will be very pleased with what they see over the upcoming weeks and months as these stores are converted to the Ridley’s banner,” Ridley said.
In August 2014, Mancini sold Bella’s Market stores in Akron, Haxtun, Walden and Wiggins to the Odell family of Akron. That deal returned the markets to the family, from whom Mancini had bought them in 2006.
“I am glad we were able to make this sale to Ridley’s happen,” Mancini said in a written statement.
Staff Writer Randy Wyrick can be reached at 970-748-2935 and firstname.lastname@example.org.
According to Land Title Guarantee Company, October was the best month of this year for real estate sales. In October alone, there were 230 transactions, with a dollar value of more than $261 million. Both are high marks for the year so far.