Wakefern Food Corp. has agreed to acquire three ShopRite stores in Pennsylvania from the member families that own and run them, according to the East Coast grocery cooperative.
The stores, located in Philadelphia and West Chester, Pennsylvania, will become part of ShopRite Supermarkets, a wholly owned subsidiary of Wakefern that currently owns and operates 31 supermarkets in New York, New Jersey and Pennsylvania, Wakefern spokesperson Maureen Gillespie said in an emailed statement. Terms of the deals were not disclosed.
The Colligas and Miller families, which currently own two of the stores that Wakefern is buying — West Chester ShopRite and Whitman Plaza ShopRite in Philadelphia — are exiting the business through their deals with the co-op, Wakefern said. The McMenamin family, which currently owns the third store, located on Roosevelt Boulevard in Philadelphia, will continue to operate another store in the city as well as one in Hatfield, Pennsylvania, that it recently bought from the Miller family…