Business & Tech

Acme Grocery Chain Sold

The brand has a strong presence in Delaware County, but its future is uncertain.

Acme Markets, which operates two grocery stores in the greater Media area, is among several chains the Supervalu company has sold to investment consortium Cerberus Capital Management, Supervalu announced Thursday.

There was no announcement from Supervalu or Cerberus about how the sale will affect the future of the grocery stores.

But the Acme name will remain in place, according to the Delaware County Daily Times. The name and brand have a strong value, a spokesperson told the Times.

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There are eight Delaware County Acme stores, including a store near Granite Run and along Baltimore Avenue in Media. At the Bala Cynwyd store a shopper won $1 million last year.

The Philadelphia Inquirer reported in July that moves by Supervalu executives seemed to indicate they were looking for buyers for Acme and their other grocery "banners". 

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