Earlier this month, the national supermarket chain Kroger — which owns Ralphs, Fry's, Harris Teeter and Pick 'n' Save among other brands — announced that it would be selling over 400 grocery stores to C&S Wholesale Grocers, a much smaller grocery supply chain company that currently has around two dozen stores under the Grand Union and Piggly Wiggly brands.
It's anticipated that Kroger will receive about $1.9 billion for the store divestitures — however they still may end up selling more.
