Cincinnati-based Kroger has plenty of ties to Ohio. But in greater Cleveland, the store many families grew up with is Giant Eagle — and Wednesday, shoppers learned it is being sold.

U.S. grocer Kroger said on Wednesday it would buy regional supermarket chain Giant Eagle in a $1.65 billion deal, strengthening its presence in the Midwest and the Mid-Atlantic region amid intensifyin...

Kroger said the purchase price is $1.65 billion, comprised of $1.25 billion in cash consideration and the assumption of approximately $400 million in outstanding liabilities.