Report: Associated to convert Albertsons to Fresh Market banner

New York City Associated Food Stores in Salt Lake City plans to convert the 34 Albertsons stores it is acquiring to a new banner, Fresh Market, though it is unlikely to complete the transitions until next spring, Supermarket News reported.

Associated expects to formally take over the former Albertsons stores from Minneapolis-based Supervalu within the next couple of weeks, the report said.

The Fresh Market stores will operate as corporate stores in a new division, Associated Fresh Markets.