Wednesday, March 23, 2011

Stop & Shop to buy 5 Foodtown stores in New Jersey

Stop & Shop and Foodtown said they have a tentative deal that will result in the sale of five New Jersey Foodtown stores, currently owned by Norkus Enterprises, to Stop & Shop later this spring. Stop & Shop is a division of Ahold, which also owns Giant. The Foodtown stores are in Freehold Township, Manalapan, Neptune City, Point Pleasant Beach and Long Branch.

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