Stater Bros. goes private as it looks to grab greater market share

05/18/2014 | Supermarket News (free registration)

California-based Stater Bros. Markets has gone completely private after restructuring its debt earlier this month, Executive Vice President of Finance Dave Harris said Wednesday. The chain is focusing on gaining market share by targeting available Albertsons and Vons locations as the two companies merge, Stater Bros. Chairman, President and CEO Jack Brown said. "We've put together a wish list, and we're well-positioned financially to move ahead if and when any locations become available that improve our market share," he said.

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