OMAHA, Neb. — No Frills Supermarkets here has reached an agreement to sell the company to a group of seven of the chain’s executives, the company said yesterday. Terms of the transaction, which was advised by The Food Partners and is slated close by early summer, were not disclosed. Richard Juro, chairman and chief executive officer, said he was glad to be able to leave the chain under control of local ownership: “The members of this management team truly understand the No Frills legacy of ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
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? Log In