Riser to Acquire 3 Acme Units
Riser Foods here has agreed to acquire three Cleveland-area Acme stores from Fred W. Albrecht Grocery Co., Akron, Ohio, for an undisclosed amount.
The acquisition is expected to be completed in May.
All three stores will be converted to Riser's Stop-N-Shop banner. The smallest unit -- a 42,000-square-foot store -- will be spun off to an independent and supplied by Riser's wholesale division, Ron Ocasek, Riser's chief financial offic