ABINGDON, Va. — K-VA-T Food Stores, the parent company of the Food City chain here, has purchased an office building where it will relocate its Knoxville, Tenn. regional office. Steve Smith, Food City’s chief executive officer, told SN the purchase of the facility would allow K-VA-T to house its division employees in an owned rather than leased facility. Published reports said the retailer paid about $1 million for the property, which is only a few miles from its current offices.
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 a complimentary copy of SN's salary survey sent to you by email.
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.