Company Acquisition - Balls Food Stores announced the acquisition of Schulte's Fresh Foods in Jefferson City, Missouri, with undisclosed terms [1] - Schulte's will continue to operate under its own name, maintaining familiar staff and service for customers [1] - The company plans to enhance the store's offerings by adding fresh and local products, along with new technology and digital promotions [1] Growth Strategy - This acquisition is part of Balls Food's ongoing growth strategy as an employee-owned grocer since mid-2024 [2] - The regional chain operates 25 supermarkets in the Kansas City metro area under various banners, including Hen House Market and Price Chopper [2] Industry Trends - There is an increase in regional grocer merger and acquisition activity due to the rising competition from discounters and specialty food retailers [3] - Recent examples include Brookshire Grocery Co.'s plans to acquire two Louisiana Winn-Dixie stores and The 1939 Group's acquisition of Skogen's Festival Foods and Hometown Grocers [3][4]
Balls Food adds new banner to its roster
Yahoo Finance·2025-11-03 09:56