A new owner has been found for Winnipeg's lone Price Choppers grocery store.
Winnipeg-based North West Company (NWC), whose retail operations include the Giant Tiger stores in Western Canada, announced Tuesday it purchased the Price Choppers store at the corner of Pembina Highway and Stafford Street from Sobeys Inc. for an undisclosed sum.
The company said it plans to continue operating the store under the Price Choppers name and with the same complement of employees.
"We are very excited about the addition of the Price Chopper location to our retail presence in the Winnipeg market," said Dan McConnell, NWC's vice-president development and corporate affairs.
With the new addition, North West will have 10 stores in Winnipeg as well as a large distribution centre and its head office. Total employment here will be 1,227 people.
The Price Chopper sale is part of Sobeys' October 2013 consent agreement with the Competition Bureau of Canada that required it to sell 23 of the 213 Canada Safeway stores it purchased last June to avoid over concentration in the market.