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.

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