Shoprite Wins Bidding for 10 Superfresh Stores
ShopRite was the winning bidder for 10 Superfresh locations up for sale in a bankruptcy auction last week, including nine stores in the Baltimore region and one in Washington, D.C.
Supervalu, parent company to Shoppers Food & Pharmacy, successfully bid for one Baltimore area store, CityBizList.com reported.
Pending federal bankruptcy court approval, the ShopRite grocery chain – owned by New Jersey-based Wakefern Food Corp. – will buy the Superfresh stores in Baltimore, Parkville, Arnold, White Oak, Lutherville, Cambridge, Chestertown, Charlestown and Brunswick, CityBizList reported. Supervalu acquired the store in Ellicott City, Md.; six other stores had no winning bidders. ShopRite already has eight stores in Maryland.
A&P reportedly said it expects to submit the recent auction sales for approval at a June 14 hearing. Meanwhile, the company will “evaluate options, including closure, for 13 stores that did not receive bids for which A&P is seeking court approval,” CityBizList.com reported.