Swanson's Grocery & RxBusiness: Consumer Food & Rx
Divestiture - This was a stock sale in order to elevate a union issue and keep all employees in their same positions throughout the transaction process and going forward with the new international acquirer. This well-known local grocer, after years of hard work, decided to divest both the business and real estate and retire.
This multi-location 100+ year old community grocery and pharmacy is an iconic name and brand that has maintained throughout its existence above industry averages. Traditional grocery departments such as Produce, Meat and Seafood, Bakery/Deli plus Pharmacy, café and spirits contribute to it unique local market.