Almost seven years after the families of Northwest Indiana’s largest grocery chain banded together to snatch the stores out of bankruptcy, it’s selling to a larger chain. West Des Moines, Iowa-base…
Brad Root gathers shopping carts to move inside at the Strack & Van Til in Valparaiso in this 2015 file photo. Iowa-based Hy-Vee Inc. is acquiring the 22 Strack & Van Til stores in Northwest Indiana.
Hy-Vee, which currently has more than 550 groceries, pharmacies, convenience stores and restaurants in eight Midwestern states, is seeking to expand to Tennessee, Kentucky and Indiana, and those talks were supposed to start this summer, an interview with Hy-Vee CEO Jeremy Grosch in trade magazine Progressive Grocer said.
“As our company continues to expand into Indiana and the Southeast region, Strack & Van Til’s customer-centric focus and company vision to ‘make lives easier’ aligns with Hy-Vee’s values and growth strategy,” Gosch added. “Naturally, we hope they stay involved with the new company to provide that good service for our residents,” Schmitt said.
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