Fareway Stores, a Midwest grocery chain, has agreed to purchase Brick Street Market and Cafe located in Bondurant, Iowa. The 20,000-square-foot location opened as a grocery store and cafe in 2014.
Both companies hope to finalize the acquisition in early 2023.
“In 2014, we opened Brick Street Market to serve our community of Bondurant. We have enjoyed the great support of the community and forged great relationships with our loyal employees and customers. We have built our business on the values of service, integrity, and loyalty; values that we share with Fareway,” said current Owners Brian and Mary Lohse, in a statement. “While it was not an easy decision to make, in deciding to sell the grocery store to Fareway, we know that they will carry on those same values and provide greater opportunities to both our employees and our wonderful community."
Fareway expects to close the store next January for remodels, but the cafe will remain open at that time.
“We are excited to expand Fareway Meat & Grocery into Bondurant,” said Fareway CEO Reynolds W. Cramer, in a statement. “We look forward to serving area residents locally and becoming an integral part of the Bondurant community. Eight years ago, Brian and Mary Lohse brought a local grocer to Bondurant, and we are grateful they believe in Fareway to carry on their efforts.”
Related: Chitos, Green Cola Partner; Fresh Thyme Market Debuts Remodeled Store