Lena's to Buy Two Jewels
MILWAUKEE Lena's Food Market here said it will purchase two of the Jewel-Osco stores in this market that Supervalu had said it planned to close. Terms of the acquisition were not disclosed. Lena's, which operates four stores in the market, said it will convert the stores to the Lena's Food Market banner and will stage grand openings in the spring. As previously reported, Supervalu is selling five
February 19, 2007
MILWAUKEE — Lena's Food Market here said it will purchase two of the Jewel-Osco stores in this market that Supervalu had said it planned to close. Terms of the acquisition were not disclosed.
Lena's, which operates four stores in the market, said it will convert the stores to the Lena's Food Market banner and will stage grand openings in the spring. As previously reported, Supervalu is selling five Jewel-Oscos in the market to Roundy's Supermarkets, also based here, and is seeking buyers for the remaining 10 stores.
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