6/17/2023 0 Comments Pauls market homedale![]() ![]() ![]() And that is why a new Nordic startup is launching out of stealth today with €13 million ($14 million) in funding as it looks to build fully localized, hyperscale data centers across Europe.įounded in 2022 by serial entrepreneur Mattias Åström, Evroc is aiming to establish an inaugural pilot data center in the Stockholm region next year, with plans for eight data centers - and three software development hubs - by 2028. ![]() Vendor lock-in, spiraling costs, security concerns and a lack of control over how their data is processed are just some of the reasons companies might retreat from cloud-first strategies.įor European companies specifically, a growing digital sovereignty agenda has led the likes of AWS, Microsoft and Google to focus their efforts on bringing granular data controls and storage closer to their customers, while consumer juggernauts such as TikTok have had to invest significant resources in localizing their infrastructure.īut for many, such measures don’t go far enough - a data center might well be located in Europe, but it’s still controlled by a company headquartered thousands of miles away. It is unclear how the transaction, if approved, would impact Paul’s Market employees.While cloud computing has transformed just about every industry on Earth, a burgeoning backlash has led some businesses to seek alternatives to the Big Tech-dominated public cloud. The parties anticipate and hope to close the deal for these stores sometime in April. The transaction is subject to customary closing conditions. “We sincerely thank our communities for 60 years of shopping with us, and we look forward to watching how these stores evolve to serve their customers for the future.” “From the day that our family opened the first Paul’s Market store in 1955, we have been a proud Treasure Valley grocer, and we know that the folks at Albertsons share our values and commitment to providing the best to our communities,” stated Stan and Steve Zatica, co-owners of Paul’s Market, in a news release. “We are excited to have the chance to add experienced retail employees to our ranks, as well as the opportunity to build on that foundation and earn the trust of Paul’s Market loyal customer base.”Īlbertsons Intermountain Division operates 84 stores in Idaho, Montana, Wyoming, Utah, Colorado, North Dakota and Nevada. “Over its many years operating retail food stores in the region, Paul’s Market has developed an outstanding reputation for quality, selection and service,” said Brad Street, Albertsons Intermountain Division President. As a part of the transaction, Albertsons will acquire the properties. Separately, Paul’s Market also announced plans Monday to close its three stores in Caldwell, Mountain Home and Nampa. In a news release, Albertsons will be rebranding the Paul’s Market stores at 20 East Wyoming in Homedale, 700 East Avalon in Kuna, 10565 Lake Hazel Road in Boise, and 132 East Lake in McCall Albertsons Companies announced Monday that it has entered into an agreement to purchase and rebrand four Idaho-based Paul’s Market stores. ![]()
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