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SuperValu Has Decided to Sell Farm Fresh

SuperValu Has Decided to Sell Farm Fresh

SuperValu (SVU) announced on Wednesday, March 14, 2018, that it has entered into three definitive agreements for the sale of 21 of its 38 Farm Fresh Food & Pharmacy stores to three grocery store chains. Harris Teeter (owned by Kroger) is buying ten stores, which include six in-store pharmacies and three fuel centers. The transactions have been unanimously approved by SuperValu’s board of directors and are subject to customary closing conditions.