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Friday, September 23, 2011
The new owner, Fox Bros. Piggly Wiggly, currently operates Piggly Wiggly stores in Hartland and Oconomowoc and has run company franchises since 1988. The transaction will be finalized at the end of October.
The sale continues Piggly Wiggly Midwest's move to convert its corporate-owned stores into franchise operations. Following the sale, 89 of the 102 grocery stores in Wisconsin and Illinois supplied by Piggly Wiggly Midwest will be franchise stores.
"We feel the stores will only be stronger with having a local touch," said Paul Butera, the company's CEO and board chairman.
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