Supervalu will sell ten stores to Harris Teeter (these will include six in-store pharmacies and three fuel centers), eight stores to Kroger Mid-Atlantic (including eight in-store pharmacies and four fuel centers) and three to Food Lion (including three in-store pharmacies).

“Over the past two years, we’ve been working diligently and rapidly to transform our business to become the wholesale supplier of choice for grocery retailers across the United States,” said Supervalu President and CEO Mark Gross. “In 2016 we sold Save-A-Lot and its network of approximately 1,350 retail locations. Last year we acquired Unified Grocers and Associated Grocers of Florida, which, when combined with substantial organic growth, added more than $5 billion in run-rate sales, to bring our core wholesale business to nearly $13 billion. Exiting the Farm Fresh banner will enable us to allocate greater resources and energy toward the strategic growth of our wholesale business. We also continue to aggressively pursue other important initiatives, including the monetization of real estate through sale-leaseback transactions and cost reduction across the company.”

Farm Fresh, founded in 1957, has served Virginia and North Carolina for some 60 years. Supervalu operates a network of 3,324 stores (3,111 wholesalers and 213 traditional retail grocery stores) under five retail banners across six regions.