Central Grocers in talks to sell some stores to strategic - Debtwire

Central Grocers in talks to sell some stores to strategic

01 July 2022 - 01:52 am UTC

Central Grocers is in talk to sell 22 of its Strack & Van Til grocery stores to supermarket giant Albertson’s, according to two sources familiar with the matter. The distressed grocer has been exploring restructuring and strategic alternatives, including a sale of its retail grocery chains. Management is working with advisors from Conway Mackenzie along…