Capital Management

Kroger Buyout of Jewel-Osco Less Likely Now: Experts




Kroger’s proposal to buy Harris Teeter Supermarkets is a disappointment to those in Chicago who thought the Cincinnati-based retailer might acquire Jewel-Osco and improve its merchandise and store design, Crain’s Chicago Business said.

PrintKroger Buyout of Jewel-Osco Less Likely Now: Experts

Kroger’s proposal to buy Harris Teeter Supermarkets is a disappointment to those in Chicago who thought the Cincinnati-based retailer might acquire Jewel-Osco and improve its merchandise and store design, Crain’s Chicago Business said. Analysts said the Harris Teeter acquisition could put Kroger in a position to expand in the Southeast instead of the Midwest, at least for the near future.

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