Kroger to Buy Scott's in Indiana

FORT WAYNE, Ind. Kroger Co. said last week it had agreed to acquire the Scott's Food & Pharmacy banner here from Supervalu for an undisclosed sum, adding to a string of regional acquisitions by Cincinnati-based Kroger. In a conference call with analysts discussing Supervalu's fourth quarter, Jeff Noddle, Supervalu's chairman and chief executive officer, said the company did not see any growth potential

FORT WAYNE, Ind. — Kroger Co. said last week it had agreed to acquire the Scott's Food & Pharmacy banner here from Supervalu for an undisclosed sum, adding to a string of regional acquisitions by Cincinnati-based Kroger.

In a conference call with analysts discussing Supervalu's fourth quarter, Jeff Noddle, Supervalu's chairman and chief executive officer, said the company did not see any growth potential in the market for the Scott's banner, which operates 18 stores in the

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