TRP_1170x120_12-19-19

Supervalu Inc.

GIANT to purchase five Stop ‘n Save stores

GIANT to purchase five Stop ‘n Save stores

CARLISLE, Pa. — GIANT Food Stores announced that it has agreed to acquire five corporately-owned Stop ‘n Save stores from Supervalu Inc. The stores will be converted to the Martin’s banner once the deal is compete. “This acquisition demonstrates our continued commitment to the long-term growth strategy we announced earlier this year,” said GIANT Food president

Supervalu to be purchased by United Natural Foods

Supervalu to be purchased by United Natural Foods

PROVIDENCE, R.I. — United Natural Foods Inc. has agreed to acquire Minneapolis-based wholesaler and retailer Supervalu Inc. The deal is valued at about $2.9 billion, including the assumption of outstanding debt and liabilities. UNFI says the transaction represents an opportunity to diversify its customer base and expand its market reach and scale. The company said