Mollie Stone's Markets

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Albeco, Inc.
Trade name
Mollie Stone's Markets
TypePrivate Company
IndustryRetail
Founded1986 (36 years ago) (1986) in San Francisco, California, U.S.
Headquarters
Mill Valley, California
,
U.S.
Number of locations
9
Area served
Bay Area, California, United States
Key people
Michael Stone (CEO)
ProductsBakery, dairy, delicatessen, frozen foods, grocery, meat, produce, seafood, snacks, prepared foods
RevenueIncrease $145.2 million (2019)
Owner(Stone Family (100%))
Number of employees
1,300 (2019)
Websitewww.molliestones.com

Albeco, Inc., doing business as Mollie Stone's Markets, operates a small chain of American supermarkets, all located in the San Francisco, California Bay Area. Established in 1986 by Mike Stone and Dave Bennett, there are nine stores in total, located in the cities of Burlingame, Greenbrae, Palo Alto, San Bruno, San Mateo and Sausalito along with the Castro, Pacific Heights, and Twin Peaks neighborhoods of San Francisco.

History[]

Mollie Stone's was named after Michael Stone's Mother Mollie, whose enthusiasm for making people feel good became the store's mission. Mollie worked in the grocery industry in Southern California for over two decades. In 1986, Stone and Dave Bennett founded Mollie Stone's Markets with the goal of "making a difference in people's lives through food". Mollie Stone's first market was in Redwood City, California, where they carried only natural and organic products without added sugars. With demand not only for natural and organic produce, meats, and health and beauty products, but also more conventional wares such as vitamin-enriched cereals and name-brand products, Mollie Stone's shifted to the "Best of Both Worlds" system, offering these but still with a focus on healthy, natural, local, and specialty foods.

Due to its community-oriented nature, Mollie Stone's provides additional services to customers with the goal of making shopping easier. The Mollie Bus operates from the Castro and Pacific Heights locations to drive customers home with their groceries. Mollieland is an integrated daycare in the San Mateo location (formerly also offered at San Bruno) with the goal of making it easier for parents to shop. The chain also has partnerships with Starbucks and Ace Hardware, having been the first ever grocery store with a Starbucks inside and the first in the Bay Area to include a complete hardware store.

The chain maintains partnerships with local schools and food banks, and offers a Community Card, for which the store donates a percentage of cardholders' purchases to a nonprofit organization of their choice.

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