Roundy's Grocery Company Plans Public Stock Offering
December 8, 2011 | 1 min to read
Roundy’s Supermarkets Inc., the Milwaukee-based grocer run by a former Dominick’s CEO, said Monday it intends to become a publicly traded company and raise $230 million in its debut stock sale.
The price and number of shares to be issued have yet to be decided.
The company, run by Chicago native and former Dominick’s grocery chief executive Robert Mariano, operates four Mariano’s Fresh Market grocery stores in the Chicago area and plans to open at least eight more in the next three years.
The Mariano’s stores aim to appeal to “foodies” with organic produce, meat cutters and full-fledged delis and bakeries.
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