Lakewood, Colo. — The combined company will begin operations in Independence, Mo.
Lakewood, Colo. — Natural Grocers by Vitamin Cottage, Inc. has agreed to purchase substantially all the assets and assume certain liabilities of natural foods retailer Nature’s Pantry, Inc., which has operated since 1995 in Independence, Mo. The transaction is expected to close on December 7, 2014, at which time the store will start to operate as a Natural Grocers by Vitamin Cottage store.
“We are excited to become part of the Independence community,” says Kemper Isely, co-president of Natural Grocers. “In entering this new market, we look forward to continuing Nature’s Pantry’s mission of empowering customers to make informed health decisions through our nutrition education, high quality standards and affordable prices.”
“We are proud and pleased to have the opportunity to align with Natural Grocers by Vitamin Cottage, a company that shares our goal of making healthy eating affordable to all,” says Nature’s Pantry co-owner and partner, Bob Perkins. “We look forward to assisting Natural Grocers in building on our success.”
The Independence store will be included as one of the 18 stores the company expects to open during fiscal year 2015. Further terms of the agreement are not being disclosed.
Natural Grocers by Vitamin Cottage, Inc. is a rapidly expanding specialty retailer of natural and organic groceries and dietary supplements whose products must meet strict quality guidelines. Natural Grocer’s flexible small-store format allows it to offer affordable prices in a shopper-friendly retail environment. The company, founded in 1955, has 90 stores in 15 states. For more information, visit www.NaturalGrocers.com.
SOURCE: Natural Grocers by Vitamin Cottage, Inc.