Coop Supermarkets, Italy’s largest food distributor, has taken a 40% interest in the artisan food store Eataly, set to make its U.S. debut later this year.
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NEW YORK — Coop Supermarkets, Italy’s largest food distributor, has taken a 40% interest in the artisan food store Eataly, set to make its U.S. debut here later this year. Eataly, 60% controlled by founder Oscar Farinetti, is a sprawling food market featuring fresh, local and prepared foods located in a former factory in Turin, Italy. According to a press release from Coop, the store is set for a December opening in New York, backed in part by an investment of around $15.5 million from Coop. The wholesaler is making a similar investment to launch an Eataly location in Tokyo, set to open in September, the company added.
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