The Kroger Co. (NYSE: KR) Friday (19 August) announced it has reached an agreement to purchase seven supermarkets in New Mexico from Furrs Supermarkets Inc. Four of the stores to be acquired are located in Albuquerque, while the remaining three stores are located in Santa Fe, Los Alamos and Socorro. The stores, which range in size from 43,000 square feet to 77,000 square feet, will operate under the Smith's Food & Drug Stores banner.