Shoppers Food & Pharmacy to be sold?

The parent company of Shoppers Food & Pharmacy, United Natural Foods Inc., plans to sell the D.C.-Baltimore grocery chain, according to the Baltimore Sun.

Executives with United Natural Foods Inc., which purchased the chain’s previous parent company Supervalu for $2.9 billion last year, plan to sell the chain, according to financial filings from the Providence, R.I.-based company.

According to the Baltimore Sun, Steve Spinner, CEO of United Natural Foods, said during a March 5 earnings call that the company is “well down the path on selling Shoppers and I’m confident we’ll get that done in the coming months.”

To read the Baltimore Sun article, click here.