The Altadena Food Fair Market at New York and Allen will be closing down, changing ownership, and reopening in about a month, according to the store's new owner.
Armen Gharibi, the store's new owner, is also the owner of a market in Glendale called "Armen's Market," the name which is also planned for the new market in Altadena.
He said the market will be shut down soon for remodeling.
The market will open with a deli and will also continue to serve food as the current market does, Gharibi said. He said the new market will be similar to the old.
As of Monday, the Altadena Food Fair Market's doors were still open, though a large sign declaring 25 percent off of purchases and a placard notifying the public of the change of ownership were prominently displayed.