Midwest US grocery chain Roundy's to close its Stevens Point, Wisconsin, distribution facility by September as part of divestiture of its Rainbow stores in Twin Cities area; company to consolidate operations to two other Wisconsin distribution facilities
July 2, 2014
– Roundy’s, Inc. (“Roundy’s”) (NYSE: RNDY), a leading grocer in the Midwest, today announced the closure of its Stevens Point, WI distribution facility.
The company stated that in connection with its recent announcement of the divestiture of its Rainbow stores in the Twin Cities area, it will close its Stevens Point distribution center. The company will consolidate operations to its Oconomowoc, WI and Mazomanie, WI distribution facilities. A gradual phase-out of operations will occur and operations at the Stevens Point facility will cease entirely by September 30, 2014.
Roundy’s is a leading grocer in the Midwest with nearly $4.0 billion in sales and more than 26,000 employees. Founded in Milwaukee in 1872, Roundy’s operates 174 retail grocery stores and 110 pharmacies under the Pick ’n Save, Rainbow, Copps, Metro Market and Mariano’s retail banners in Wisconsin, Minnesota and Illinois. Roundy’s is committed to helping the communities its stores serve through the Roundy’s Foundation. Chartered in 2003, the Roundy’s Foundation mission is to support organizations working to relieve hunger and helping families in crisis due to domestic abuse, neglect and other at-risk situations.
James J. Hyland
Vice President of Investor Relations, Corporate Communications and Public Affairs
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