LANDOVER, Md. -- Dart Group Corp. here, which owns 50% of Shoppers Food Warehouse, Lanham, Md., said it will probably initiate action within the next 60 days that could lead to a change in ownership for the 34-store chain. The 50% of Shoppers' equity that Dart doesn't own is controlled by Kenneth Herman and his family, who manage the company under a shareholders' agreement with Dart. Robert Herman, Shoppers' executive vice president and chief operating officer -- who is Kenneth Herman's ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, 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 grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.