Magruder’s Supermarkets, which has operated stores in the Washington, DC area for more than 138 years, announced that it has sold one of its five stores and is in negotiations to sell the remaining four units.
The Magruder’s Liquor store on Connecticut Avenue at Chevy Chase Circle has been sold to Ki Yoon Sung and will continue to operate under the Magruder’s name.
According to Magruder’s executive Gary Bortnick, the remaining four stores – located in Vienna and Alexandria, VA and Gaithersburg and Rockville, MD- will remain open while negotiations for a sale continue. Beginning January 15, the company is running a 50 percent off sale on all purchases.
In a release, Magruder’s said: “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 unbelievably dedicated and loyal customers that have allowed us to remain in business these past 46 years. Although this is a difficult decision it has been a pleasure and privilege to be an important part of Washington history dating from the days of President Ulysses S. Grant to President Obama and 26 presidents in between. However, now is the right time for our family to move on.”