The new owner of Supervalu is selling all but one of its Hornbacher’s stores to Coborn’s in a deal that saves the Fargo-Moorhead area grocery chain and a revenue stream for itself.
Seven Hornbacher’s locations in Fargo, N.D., and Moorhead, Minn., will remain open and keep their name under St. Cloud-based Coborn’s ownership. An eighth store that’s under construction in West Fargo is also part of the deal.
The Hornbacher’s store in Grand Forks, N.D., was not included in the sale and will close following liquidation, which begins Monday, Supervalu said Friday.
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