Ritchies’ to buy nine Franklins stores

 In Australia, Metcash/IGA, NewZealand, Ritchies

Metcash Trading Limited (Metcash) hasreached agreement to sell nine Franklins storesto Ritchies Stores Pty Ltd.
Metcash Chief Executive, Andrew Reitzer, said theRitchies tender was very competitive and he wasvery pleased to have entered into the agreementwith a leading IGA retailer.
 "We have a very strongrelationship with Ritchies who have IGA Stores inQueensland, Victoria and New South Wales.
 Theyhave a great track record of running top qualitysupermarkets," Mr Reitzer said. Retail World – Read more…

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