Stop & Shop Expansion Continues With Foodtown Buy

Ahold USA's appetite for acquisitions is taking a bite out of Foodtown. Ahold's Stop & Shop last week reached tentative agreement on the purchase of five Foodtown stores in New Jersey from Norkus Enterprises, a Foodtown operator based in Point Pleasant, N.J. The deal, which officials said could be completed in May, is for Foodtown and Super Foodtown stores in the New Jersey shore towns of Freehold

Ahold USA's appetite for acquisitions is taking a bite out of Foodtown.

Ahold's Stop & Shop last week reached tentative agreement on the purchase of five Foodtown stores in New Jersey from Norkus Enterprises, a Foodtown operator based in Point Pleasant, N.J.

The deal, which officials said could be completed in May, is for Foodtown and Super Foodtown stores in the New Jersey shore towns of Freehold Townsh

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