Local

Local specialty grocer buys into catering business

CHARLOTTE — Reid’s Fine Foods has acquired a majority stake in a boutique catering company.

Francie & Co. of Charlotte now falls under the specialty grocer’s umbrella. Terms of the deal were not disclosed.

“We already offer a lot of catering services but wanted to extend our catering into higher-end events,” says Tom Coker, CEO of Reid’s.

[Reid’s eyes more expansion as specialty grocer opens second uptown store]

The move allows Reid’s to better serve its customers, he adds.

Read more here.

(Watch the video below: Inside Reid’s Fine Foods)