DETROIT — Kroger Co. said yesterday that it had agreed to acquire 20 Farmer Jack stores in this market from A&P for an undisclosed price. The acquisition, which is expected to close in July, had long been anticipated. The stores would become part of the 244-store Great Lakes Division at Cincinnati-based Kroger, which already operates about 72 locations in metro Detroit. It has the No. 1 market share with about 21%, according to Metro Market Studies, Tucson, Ariz. As previously reported, ...
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 complimentary access to the SN salary survey data tables.
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.