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Asian grocery store chain 99 Ranch Market has confirmed its plan to close one of its supermarkets in the Tri-Valley later this fall.
The 99 Ranch store at 4299 Rosewood Drive in Pleasanton, an anchor tenant in the Rose Pavilion shopping center at Rosewood and Santa Rita Road for the past 16 years, is scheduled to shutter Dec. 5. The permanent closure, which will put more than 50 people out of work, will leave two 99 Ranch supermarkets in the Tri-Valley – one in Pacific Pearl on Stoneridge Drive in eastern Pleasanton and one on Regional Street in downtown Dublin.
“This decision will optimize our store network and allocate resources more effectively to better serve our customers,” a company spokesperson told the Pleasanton Weekly on Friday night.
The Los Angeles Times broke the news earlier in the afternoon while reporting on the other California store closure coming for 99 Ranch, in Chino in San Bernardino County.
“With other 99 Ranch Market locations in the Tri-Valley and Chino/Chino Hills areas already, we remain committed to providing the community with convenient access to the quality products, diverse Pan-Asian food selections, and service our customers have come to expect,” the company spokesperson told the Weekly. “We are grateful for the trust our customers have placed in us and look forward to continuing to serve the community for many years to come.”
Tawa Supermarket, Inc – the parent company of 99 Ranch Market – issued layoff notifications to 54 employees at the Rose Pavilion store with an effective date of Dec. 5, according to data reported to the state under the Worker Adjustment and Retraining Notification (WARN) Act.
One of the first Asian supermarket chains to establish itself in the Tri-Valley, 99 Ranch opened in Rose Pavilion in April 2010 in the large retail space previously occupied by Levitz Furniture. A second Pleasanton store came eight years later when 99 Ranch was among the debut tenants at the new Pacific Pearl, an Asian-focused shopping center near the border with Livermore.
Competition from other Asian grocers has increased in the Tri-Valley as resident and visitor demographics, including Korean retailer H Mart opening its first supermarket in the region earlier this year – blocks away from the 99 Ranch store in Dublin.
The impending closure will leave another visible retail vacancy in Pleasanton, which already has a former grocery store sitting empty down Santa Rita Road where the Walmart Neighborhood Market exited last year.
The list of other large retail buildings in Pleasanton without permanent tenants includes the old Party City and Kohl’s units in Metro 580, the old Rite Aid on Hopyard Road and the old JC Penney, Nordstrom and Sears buildings at Stoneridge Shopping Center.
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