Kroger Said in Deal to Buy 25 Farmer Jacks
Kroger Co. is planning to acquire 25 of the Farmer Jack stores here that A&P is seeking to sell, according to a report yesterday in the Detroit Free Press.
May 24, 2007
DETROIT - Kroger Co. is planning to acquire 25 of the Farmer Jack stores here that A&P is seeking to sell, according to a report yesterday in the Detroit Free Press. Neither A&P, Montvale, N.J., nor Kroger, Cincinnati, could be reached for comment. The article stated that A&P planned to sell another 22 Farmer Jack locations to other retailers, including some customers of wholesaler Spartan Stores, Grand Rapids, Mich., and that the remaining 19 locations have not yet been sold. A&P said in April that it was seeking to sell the 66-store chain and that it would close its distribution center and any stores that remained unsold in the coming weeks. According to the Free Press, A&P could make the announcement next week.
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