B&R Stores has agreed to purchase a large Hastings grocery and department store.
The Lincoln-based owner of Super Saver and Russ's Markets has a deal in place to buy Allen's of Hastings. Financial terms of the sale, which is expected to close in a couple of months, were not disclosed.
The store, which is more than 100,000 square feet and includes a grocery store, wine cellar, pharmacy and department store, has been family owned since it opened in 1958.
The owners said in a news release that they decided it was time to do other things.
"It was especially important for us to sell to a successful regional retailer that understands the Hastings community and shares many of our corporate values," the owners said in a news release. "We wish B & R Stores the very best and will do everything in our power to support them during and after this transaction."
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Allen's said in the news release that it will continue to operate under the same name. Officials from B&R Stores, which already owns a Russ's Market in Hastings, could not be reached for comment.