The parent company of Denny’s Supervalu in Algoma has been sold, but your local grocery store is not going anywhere. On Tuesday, Todd Schnuck of St. Louis-based Schnuck’s Markets Inc. announced that it was purchasing 100 percent of the shares of the Wisconsin-based parent company of Skogen’s Festival Foods and Hometown Grocers, Inc., as well as the shares of in the trust held by the associates in their Employee Stock Ownership Plan. The sale impacts over  50 grocery stores across the state, including nine Hometown Grocers locations. Denny’s Supervalu was purchased by Hometown Grocers in 2022 after nearly 50 years of ownership by the Wautlet family. In the sale’s announcement, the 1939 Group (owned by the Schnuck family) said they are “committed to maintaining the stores’ existing banners, all of which are well-known and respected in the communities they serve.” The closing is anticipated to be completed later in October. You can read the full statement below.