Lund Food Holdings said Tuesday that it had acquired Village Market, a 35,000-square-foot grocery store located on Highway 13 in Prior Lake, Minn. A purchase price was not disclosed.
Lunds, operator of the Lunds and Byerly’s banners, is rebannering the Village Market store as Lunds Prior Lake.
“This is a great opportunity for us to grow our family of employees and extend our brand into an area of the Twin Cities where we previously lacked a presence,” Tres Lund, president and chief executive officer, said. “We look forward to providing Village Market customers with our brand of quality, service and expertise.”
Lunds said the store would remain open from 6 a.m. to 10 p.m. seven days a week throughout the initial transition. Beginning Oct. 24, store hours will be extended to 6 a.m. to midnight seven days a week. Additional features at this location include floral offerings from Bachman’s and a coffee bar, which will soon become a Caribou Coffee. Village Market employed 60 people, and all of them were immediately offered a position at Lund Food Holdings following the purchase.
“Based on my experiences with Lunds and visiting their stores to see their product selection and overall commitment to providing a sensational shopping experience, I am absolutely confident this was the right decision to ensure the best long-term benefit for our employees, customers and the community,” Dave Chromy, a former co-owner of Village Market, who is now the store’s general manager, said in a statement.
