WEDNESDAY: After just four years in the market, Europe's Delhaize grocery chain has put its 46 Bottom Dollar Foods discount stores, in the Philadelphia and Lehigh Valley areas, plus 20 more in the Pittsburgh and Cleveland regions, up for sale, reports Food Trade News here.
THURSDAY UPDATE: Delhaize America doesn't comment on acquisition/divestures, spokeswoman Christy Phillips-Brown tells me. The company also operates Food Lion and Hannaford groceries.
EARLIER: Reports Food Trade News: "According to several retailers who were sent real estate profile sheets in late July, all bids for the Bottom Dollar Foods stores were due by August 13. We’ve also been told that Wells Fargo is serving as Delhaize America’s investment advisor for this process...
"Several analysts said they believe that Delhaize would attempt to sell all 66 stores as a bloc. Supervalu, which could utilize the locations for potential Save-A-Lots or to dole out to independent customers, and Aldi are believed to be very interested in making a deal." Other maybe buyers include regional store operators Wakefern Corp. (PriceRite, Fresh Grocer), Giant Eagle and Ahold USA.