Piggly Wiggly Sells 4 Stores to Franchisee
Sheboygan, Wis.-based Piggly Wiggly Midwest has agreed to sell its four corporate-owned stores to a franchise owner.
The new owner, Fox Bros. Piggly Wiggly, currently operates Piggly Wiggly supermarkets in Hartland and Oconomowoc, Wis., and has run company franchises since 1988, the Sheboygan Press reported. The new deal covering four stores – in Saukville, Slinger, Hubertus and Jackson, Wis. – is expected to be finalized at the end of October.
The sale continues Piggly Wiggly Midwest’s move to convert its corporate-owned stores into franchise operations. Following the sale, 89 of the 102 grocery stores in Wisconsin and Illinois supplied by Piggly Wiggly Midwest will be franchise stores.
“We feel the stores will only be stronger with having a local touch,” Paul Butera, the company’s CEO and board chairman, told the Sheboygan Press.