ALBANY -- A well known Albany grocery store will be under new ownership later this week.

Amby's Foods has sold the business to Teal's Market after 40 years.

Store Manager Brian Schneider says with his parents (who own the store) getting older it felt like the right move to make.

Amby's opened in 1974 by Amby Schneider (Brian's father). At one time the store was one of three grocery stores located along Main Street.

Teal's Market, will now have 10 stores in Minnesota.

Schneider says selling the store to Teal's has been a topic of discussion for the past several years.

Schneider says they will miss the community they've served, and the memories they've made over the last 40 years.

Amby's will close for business at 5:00 p.m. tomorrow night. Teal's Market will officially take over on Friday morning.