SUPERVALU AGREES TO BUY BIGG'S PARENT

MINNEAPOLIS -- Supervalu here agreed last week to acquire Cincinnati-based Hyper Shoppes, the parent company of Bigg's.Supervalu said the purchase would give it "a greater presence" in the rapidly growing supercenter market.Bigg's operates five supercenters and two 70,000-square-foot supermarkets. Annual sales exceed $500 million, and the retailer recently "completed its best sales year ever," according

MINNEAPOLIS -- Supervalu here agreed last week to acquire Cincinnati-based Hyper Shoppes, the parent company of Bigg's.

Supervalu said the purchase would give it "a greater presence" in the rapidly growing supercenter market.

Bigg's operates five supercenters and two 70,000-square-foot supermarkets. Annual sales exceed $500 million, and the retailer recently "completed its best sales year ever," according to a statement from the companies.

Supervalu has owned a minorit

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