Stop & Shop and Foodtown said they have a tentative deal that will result in the sale of five New Jersey Foodtown stores, currently owned by Norkus Enterprises, to Stop & Shop later this spring. Stop & Shop is a division of Ahold, which also owns Giant. The Foodtown stores are in Freehold Township, Manalapan, Neptune City, Point Pleasant Beach and Long Branch.
From Supermarket News: Stop & Shop to Buy 5 N.J. Foodtowns | Norkus Enterprises