Deal promises shoppers greater selection of affordable healthy foods
SCARSDALE, NY, June 15, 2011 /CNW/ - Natural food retailer Mrs. Greenʼs
Natural Market ("Mrs Greenʼs") is pleased to confirm it has acquired
seven Super Fresh grocery locations in Maryland and one Super Fresh
location in Washington, DC from Great Atlantic & Pacific Tea Co.
Following all necessary approvals, Mrs. Greenʼs seeks to upgrade
locations and expand product and service offerings to better meet the
needs of shoppers who are increasingly demanding more produce and food
choices, including healthy and nutritious prepared meals, natural,
local and organic foods. "This investment is part of a strategy to grow
our concept in under-served regions," says Matt Williams, CEO of parent
Natural Market Restaurants Corp ("NMRC"). "We have been exploring
several options in Maryland and Washington DC, and this acquisition is
a tremendous first step in providing consumers with healthy, natural
and affordable food choices."
NMRC operates several food retail and restaurant banners in both the US
and Canada, including Mrs. Greenʼs natural food stores in the US
northeast and a soon-to-be-opened 30,000-square-foot flagship
restaurant and natural food store in the Chicago area. "We believe the
American consumer wants greater access to natural and fresh healthy
foods in their everyday grocery store, and we continue to explore
further investment opportunities to meet this demand," says Williams.
With the tremendous enthusiasm of customers and the support of suppliers
and landlords new management will first focus on ensuring a positive
transition for employees, customers, suppliers and all other
About Natural Market Restaurants Corp.
Natural Market Restaurants Corp. is a privately-held, Toronto-based food
services company that has created and operates innovative, open
marketplace concepts and natural food retail stores in a number of high
profile Canadian and US markets. Banners include Planet Organic Market,
Richtree Market Restaurants, Mrs. Greens and Wilde & Greene.
SOURCE Natural Market Restaurants Corp.
For further information:
1-416-504-3977 x 24