• American City Business Journalsyesterday

    Kroger's purchase of Pick 'n Save drove Milwaukee grocery building sale

    A broker that helped sell a Milwaukee Pick 'n Save grocery for $9.3 million credited Kroger Co.’s recent purchase of the store chain for helping the deal. Chicago-area real estate investor Lark Creek bought the 67,866-square-foot Pick 'n Save store at 2355 N. 35th St., according to a release from Stan Johnson Co. The building is leased to Roundy's Supermarkets Inc., which sold in December to national retail giant Kroger. Camille Renshaw, senior director of the Stan Johnson Co. New York City office, credited Kroger with helping with the 35th Street property sale.

  • American City Business Journals3 months ago

    Kroger could consider acquisition after Lucky’s Minnesota expansion, analyst says

    Kroger Co.’s new investment in natural and organic supermarket chain Lucky’s Markets will get it into the Minnesota market for the first time in decades and could lead it to eye an acquisition, an industry analyst told me. Lucky’s is looking for locations in the Minneapolis area, Rick Shea, president of Minneapolis-based Shea Food Consultants, told me. Put those together, and Shea said it could indicate Kroger is considering an acquisition that would make it a major player in the Minneapolis/St. Paul market.