The parent company of Shoppers grocery stores is inching closer to selling the chain, its CEO said Tuesday. United Natural Foods Inc. CEO Steve Spinner told analysts Tuesday that the company is “working on several deals, each of which involves multiple stores, which increases the level of complexity” for the sale of both Shoppers and its other retail line, Cub, which operates mostly in Minnesota. UNFI (NYSE: UNFI), which bought Shoppers’ parent Supervalu in 2018, has said that it would…
from https://www.bizjournals.com/baltimore/news/2019/10/03/shoppers-stores-could-be-sold-by-early-2020.html?ana=RSS&s=article_search
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