Elm City Market gets new owners, stays a grocery store

NEW HAVEN, Conn. (WTNH)– There’s big news for downtown New Haven with a new future for Elm City Market, a popular co-op which serves the neighborhood around State Street.

The store was sold Wednesday morning at auction and will be getting new owners. Webster Bank, who oversaw the sale, says there were no competing bids for the grocery store. Although they are not releasing the name of the new owners, they say Elm City will continue to be a grocery store.

Customers say that is what they are hoping for.

“It’s very convenient for me because right now I am using the bus and it’s right by the bus stop, and it just fits right into my life,” said Phillip Calandrelli, customer.

“It’s a little bit sad and you can definitely tell that a lot of the items in the store aren’t as available,” said Sydney Truer, customer.

Webster Bank says employees of Elm City Market are likely to become employees of the new owners.

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