Transactions for the week of March 11

Rancho Shopping Center celebrates Andronico's return

Megan V. Winslow/Town Crier
Andronico’s Community Markets store director Ethan Baker, above, cuts a ribbon signifying the Los Altos store’s rebranding Friday. The market features an expanded produce section.

After four years in exile, the Andronico’s name has returned to Rancho Shopping Center. And that serif-rific logo is just one former and familiar feature customers will observe reappearing at the market as Safeway reintroduces the brand to Los Altos.

“We’re really focusing on local, natural, organic specialty, premium,” store director Ethan Baker said last week during an interview with the Town Crier. “So they’ll notice a lot more selection up and down the grocery aisles and in our deli – we actually have chefs in-house who make fresh food daily. We have a lot of recipes that harken back to the legacy Andronico’s days.”

Beware of the perils of overconfidence bias

In 2006, James Montier, a researcher at the investment banking arm of Dresdner Bank, tested the behavioral biases of approximately 300 investment fund managers. One of the questions he asked: “Are you above average at your job?” More than 70% of the respondents answered “yes.” A number even included comments along the lines of, “I know everyone else says they are, but I really am!” Most of the remaining respondents considered themselves average, with only a small fraction reporting themselves as being below average.

Business Briefs: Manresa Bread introduces bagel day, city examines sales tax revenue report

Megan V. Winslow/Town Crier
Manresa Bread is slated to host Bagel Day on Tuesdays until supplies run out.

Manresa Bread serves up Bagel Day

Manresa Bread has introduced a weekly Bagel Day to its menu at 271 State St. in downtown Los Altos.

Bagels made with gluten-free flour are featured every Tuesday until supplies run out. Four options are available: plain, sesame, everything and cinnamon raisin. Bagels are priced at $4 each, or $5 with schmear.

LACI to feature three stories of gathering space at State Street Market

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Megan V. Winslow/Town Crier
Work is well underway on the massive mixed-use project on State Street backed by Los Altos Community Investments.

An opening date has not been announced, but work is well underway on the massive mixed-use project on State Street owned by Los Altos Community Investments.

Local resident turns curvy career into podcast

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Courtesy of Beth Davies
Los Altos resident Beth Davies, right, interviews Michael Forrest for an episode of her “Career Curves” podcast.

Los Altos resident Beth Davies has had a curvy career, starting out as a lawyer and transitioning into human resources for companies such as Apple and Tesla before launching her own podcast, aptly titled “Career Curves.”


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