Though a bit of old news, Dean & DeLuca has been purchased by Pace Development Corp., a Thai property developer, for $140 million. This includes the one here in St. Helena which is the up valley go to store for both visitors and locals shopping for those upper end kitchen gadgets, gourmet grocery items & deli food plus catering.
Quite often local real estate agents use lunch to entice other agents to come look at one of their listings and Dean & DeLuca is the one I see being used most often to cater such. Another popular local cateror used by many real estate agents, Melissa Teaff.
The sale to Pace includes 42 stores across the United States and in eight other countries. Dean & DeLuca’s past owner was Leslie Rudd, a well known local restaurateur and vintner who purchased the brand in 1996. Pace expects to open many new stores totally hundreds within the next two years.
According to the Napa Valley Register,
The original Dean & DeLuca opened for business in September 1977 in SoHo, then an edgy artist and warehouse district in Lower Manhattan, at the corner of Prince and Greene streets. “The original store was designed to evoke a turn of the century food department, replete with ceiling fans spinning over a vast array of products that lined the soaring white walls of this enchanted emporium,” according to the company website.