Roundy's Supermarkets' announcement this week that it would sell 18 Rainbow Foods stores to a variety of buyers in Minneapolis drew a mixed reaction from shoppers in the Twin Cities. The deals, which will net Roundy's $65 million plus the cost of inventories, will allow the Milwaukee-based operator to concentrate resources on its growing Mariano's brand in the Chicago market. Roundy's acknowledged that increased competition in the Minneapolis market along with a sluggish ...
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.