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, ...

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.
 

Click here to read the FAQ page if you have any questions (opens in a new window)
 

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.

Already registered? here.