MESA, Ariz. -- Megafoods Stores here has discussed selling its 23 price-impact stores in Arizona to Smitty's Super Valu, Phoenix, a number of trade observers told SN last week. Smitty's was acquired by Yucaipa Cos., Los Angeles, earlier this year. Industry sources said Yucaipa, through its ownership of Smitty's, would be a logical buyer for Megafoods' Arizona stores if Megafoods opts to sell. Megafoods, as reported, filed for Chapter 11 bankruptcy protection Aug. 17. Archie C. Fitzgerald, ...
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