Natural Grocers Files for IPO

LAKEWOOD, Colo. — Natural Grocers here, parent of the 54-unit Natural Grocers by Vitamin Cottage retail chain, has filed for an initial public offering that it said could raise up to $115 million.

Natural Grocers was founded in 1955 by Margaret and Philip Isely and has been managed since 1998 by the second generation of the family. The chain added 10 new stores — which focus on natural groceries and dietary supplements — last year, and said it

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