US regional supermarket operator Roundy’s is to purchase seven former Kohl’s supermarkets in the Milwaukee area from Great Atlantic & Pacific Tea Co.

The purchase price was not disclosed, although Roundy’s said it was below US$50m, the threshold above which an automatic federal review is carried out, reported the Associated Press.

The stores are to be remodelled and will reopen during the first three months of 2004 as Pick ‘n Save supermarkets.

The seven stores are among 23 Kohl’s supermarkets that closed in August.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.