Analyst: Latino grocery stores likely to see more deals
Scott Moses, managing director and head of food retail and restaurants investment banking for Peter J. Solomon Co., said he sees a rise in Latino-focused grocers in the future, according to the Shelby Report.
Private equity firm KKR recently invested in Cardenas Markets (currently operating 30 stores) and Mi Pueblo (operating 19 stores).
Latino Americans comprise approximately 17% of the U.S. population in 2017….
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