New Hope Network is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Natural Foods Merchandiser

Natural Grocers chain to buy independent Nature’s Pantry

Natural Grocers by Vitamin Cottage continues to see sales growth

Nature’s Pantry, an Independence, Missouri, natural foods retailer, has agreed to be acquired by Lakewood, Colorado-based Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC), which plans to begin operating the store as a Natural Grocers by Vitamin Cottage store beginning on Dec. 8, 2014.

Retail Insights, based in Brattleboro, Vermont, advised Nature’s Pantry on the deal. Retail Insights President Jay Jacobowitz, commenting on the transaction, said, “This acquisition proves that independent natural products retailers are not only viable, but remain the vibrant energy core of the natural products industry, serving consumers newly interested in healthy foods and healthy lives.

“The owners of Nature’s Pantry have worked extremely hard for 20 years, continually
reinvesting in their store, paying close attention to customers and taking care of employees,”

Jacobowitz continued. “At 17,000 square feet today, Nature’s Pantry is a testament to the
amazing success independent natural products retailers can achieve in this dynamic and
growing industry of ours,” Jacobowitz said.

TAGS: News
Hide comments
account-default-image

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish