The parent company of Denny’s Supervalu in Algoma has been sold, but your local grocery store is not going anywhere. The sale impacts over 50 grocery stores across the state, including nine Hometown Grocers locations. Denny’s Supervalu was purchased by Hometown Grocers in 2022 after nearly 50 years of ownership by the Wautlet family. In the sale’s announcement, the 1939 Group (owned by the Schnuck family) said they are “committed to maintaining the stores’ existing banners, all of which are well-known and respected in the communities they serve.” The closing is anticipated to be completed later in October. You can read the full statement below.