LOS ANGELES -- Certified Grocers of California here has signed a definitive agreement to buy 12 Petrini's supermarkets from Bay Area Foods, San Rafael, Calif. The sale price was not disclosed. Under the deal, entered in May, Certified agreed to buy the stores and then resell them to member retailers. The cooperative wholesaler reported that it expects to close the sales of the stores in three transactions within the next two months. The Petrini's units, all located in San Francisco's Bay ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.