The story
Najeeb Basha immigrated to the United States from Lebanon in 1886; he and his wife Najeeby moved to Arizona in 1910, two years before Arizona statehood. The family struggled for years in retail sales in the Arizona mining towns of Ray and Sonora, facing numerous setbacks, but remained determined to succeed. The first store to officially incorporate the Bashas' name opened in 1932 in Goodyear, Arizona, as a company store. Employees of J. G. Boswell could purchase groceries with company scrip. Bashas' was founded by Najeeb and Najeeby's sons, Ike Basha and Eddie Basha, Sr.
Bashas' acquired Megafoods stores in Arizona in 1996.
On July 12, 2009, Bashas' filed for bankruptcy protection under Chapter 11, citing the weak economy, increased competition, and their ongoing legal fight with the UFCW union.
Bashas' filed for Chapter 11 bankruptcy protection in July 2009. The company closed ten Bashas' and Food City locations before emerging from bankruptcy in late 2010. Its reorganization plan called for repaying its creditors in full.
Upon the death of Eddie Sr., leadership was taken over by Eddie Basha, Jr. Eddie Jr. died in March 2013, and was succeeded by Edward Basha III. In June 2023, Steve Mayer succeeded Edward “Trey” Basha III as president.
In March 2014 Bashas' named Edward Basha III, president, CEO and chairman of the board. Darl Andersen, who had been president and CEO, will assume the role of executive adviser to the president and chairman. Edward Basha III was formerly vice president, retail operations. Robert Ortiz will assume the role of senior vice president, operations. Ortiz was previously vice president, sales and marketing, and will be succeeded by Jim Vaughan with the title of senior vice president, procurement and marketing. He had been president of the Super Saver group of stores. In addition, Don Ulrich was named executive chief operating officer.
In March 2017, Bashas' partnered with Instacart.
During the 2020 pandemic, Bashas’ Corporation found itself struggling to compete with larger national grocery chains that had better access to products, leaving the company with three options: buy, merge, or sell. On December 15, 2021, Bashas' merged with California-based Raley's Supermarkets. The deal brought Bashas’, AJ’s Fine Foods, and Food City under the Raley’s Family of Fine Stores while allowing all brands and Bashas’ Chandler-based corporate office to remain in place under existing Bashas family leadership. Raley’s has committed to reinvesting in the Arizona stores, expanding into new markets, upgrading technology, and increasing employee wages.
From Wikipedia’s article on Bashas', shared under CC BY-SA 4.0.4
