BALTIMORE (AP) — The owner of Superfresh grocery stores says it will shut down 13 stores in July because it can’t find buyers.
Superfresh has been trying to sell 25 stores, mostly in the Baltimore area. The company announced Wednesday that it found buyers for 12 stores.
Ten stores will be sold to a joint venture between organic grocer Mrs. Green’s Management Corp. and Village Super Markets Inc.
That sale includes two Baltimore stores, as well as stores in Parkville, Arnold, White Oak, Lutherville-Timonium, Cambridge, Chestertown, Brunswick and Washington, D.C. Supervalu has bid on a Superfresh store in Ellicott City.
The sales could generate $40 million for the grocery chain’s parent company, Great Atlantic & Pacific Tea Co., which is in bankruptcy. The company has said 1,500 workers could lose their jobs.
(Copyright 2011 by The Associated Press. All Rights Reserved.)