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Sale of Times The sale of Times Super Market Ltd., Hawaii's third-largest supermarket chain, to a California firm is scheduled to close today, and all 875 employees are being offered jobs, the company said.
Super Market closes
New owner PAQ Inc. says all
875 workers will be offered jobsBy Tim Ruel
truel@starbulletin.comQuinn Supers Inc., a local affiliate of buyer PAQ Inc., is planning minor renovations to the Times stores, starting this fall with Temple Valley. One store, in the Niu Valley Shopping Center, is scheduled to close in September, though all workers there will be offered jobs within the other 12 stores on Oahu.
Stockton, Calif.-based PAQ announced in January that it is acquiring Times, which was founded in 1949 by Wallace and Albert Teruya, for an undisclosed price.
PAQ is the franchisee for six Food4Less grocery stores in Northern California, and is run by John Quinn, who named the company after his wife and treasurer Patricia Ann Quinn. The 7-year-old company plans to open two more Food4Less stores in Northern California this year.
Wayne Teruya, son of Wallace Teruya, is stepping down as president of Times. It is not yet clear if other administrative positions will be affected. The new president is Roger Godfrey, a former Hawaii executive for food distributor Fleming Cos. Neither could be reached for comment yesterday.
In response to comments from customers, changes at Times will include an expanded Asian food department. The company also plans to add brighter display areas and a larger selection of items. No immediate changes are planned for Times' Royal Card discount program.
The purchase leaves only a few supermarket chains with Hawaii ownership, including Foodland Super Market Ltd., Star Markets Ltd., KTA Super Stores on the Big Island and Big Save Inc. on Kauai.