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SUPERVALU is exploring potential transactions to sell the remaining Farm Fresh stores to current and prospective wholesale customers and certain Farm Fresh employees.
SUPERVALU INC., Eden Prairie, Minn., entered into three separate agreements to sell 21 of its 38 Farm Fresh Food & Pharmacy stores for approximately $43 million to three different retailers—Harris Teeter, Matthews, N.C.; Kroger Mid-Atlantic Division, Atlanta; and Food Lion, Salisbury, N.C.
Harris Teeter, Matthews, N.C., has become what is said to be the first retailer in the country to offer U.S. Department of Agriculture (USDA)-certified very tender beef.
The Kroger Co., Cincinnati, and Harris Teeter Supermarkets, Inc., Matthews, N.C., announced that the merger transaction between the two companies was completed on Jan. 28.
The Kroger Co. and Harris Teeter Supermarkets, Inc. announced a definitive merger agreement under which Kroger will purchase all outstanding shares of Harris Teeter for $49.38 per share in cash.
The National Frozen & Refrigerated Foods Association, Harrisburg, Pa., (NFRA) said it established the NFRA Refrigerated Food Hall of Fame to honor individuals for refrigerated food industry contributions.
