GRAND RAPIDS, Mich. — Spartan Stores here said yesterday it has agreed to acquire VG’s Food Center and VG’s Pharmacy, a 17-store operator based in Fenton, Mich., that is Spartan’s largest distribution customer. Terms were not disclosed. Spartan said the purchase, scheduled to close near the end of the company’s current fiscal quarter, would boost its annual retail division sales by $310 million, and boost overall consolidated sales by $160 million. The company expects the acquisition to have ...
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.