FOR IMMEDIATE RELEASE
Hudson Grocery Cooperative Announces Acquisition of Fresh and Natural Foods Assets
[Hudson, WI, November 25, 2023] – Hudson Grocery Cooperative (HGC) is pleased to announce the signing of a purchase agreement to acquire the assets and inventory of Fresh and Natural Foods (FNF), a well-established natural food grocery store in Hudson, WI. HGC is excited to partner with the Larson family and FNF to continue to provide the St. Croix River Valley with access to local, sustainable, and healthy food. The sale is anticipated to close later this month, marking a significant milestone for HGC.
The store will continue its operations under HGC leadership. Over the coming months the store will undergo an exciting transformation, including remodeling, rebranding, and technology upgrades. A grand opening of Hudson Grocery Co-op is anticipated to be held in spring 2024.
HGC has completed a market study, hired a capital campaign consultant, and developed a fundraising plan to raise the $2.16 million dollars to put the co-op on a strong financial foundation. These funds will help to complete the acquisition and make investments to upgrade and remodel the store.
There will be a question and answer session for current HGC owners at HGC’s annual owners meeting on Tuesday, November 28. The meeting will allow co-op owners to engage directly with HGC leadership and gain insights into the future plans for the co-op. Following the meeting HGC will formally launch the Community Investment Campaign to raise funds needed for store updates and improvements.
Fresh and Natural Foods President Kris Larson shared “I’d like to thank the Hudson community for their support of Kerry and Fresh and Natural Foods all these years. He enjoyed serving customers, getting to know them, and supporting the community. It was a labor of love for him and I’m sure he’d be pleased with the bright future for the store.”
Hudson Grocery Cooperative Board President Joe Rouleau expressed “We are grateful to partner with the Larson family and see the thousands of volunteer hours and efforts come to fruition. This strategic move aligns with our vision of a locally-owned grocery store that offers diverse food and product choices including organic, sustainable, and regionally sourced options for our community.”
Hudson Grocery Cooperative looks forward to the collaborative efforts with co-op owners and the community to raise funds for this acquisition and further strengthen the mission to promote sustainable and community-driven grocery options.
For media inquiries, please contact:
Erik Bjoraker, Vice President
Hudson Grocery Cooperative
About Hudson Grocery Cooperative:
Hudson Grocery Cooperative is a community-owned organization with 1000+ owners committed to providing fresh, organic, locally-sourced, and sustainable products. With a focus on fostering a sense of community, HGC is creating a vibrant grocery store offering products you can trust where everyone is welcome and shopping is fun. More information about Hudson Grocery Co-op can be found at www.hudsongrocery.coop.
About Fresh and Natural Foods:
Since 2006 Fresh and Natural Foods has been a locally-owned organic and natural full-service grocer wholly committed to providing healthy food choices, quality personal care items and knowledgeable customer service.The acquisition by Hudson Grocery Cooperative marks an exciting chapter in the store’s history, promising continued dedication to quality and community values.