Qfc Agrees To Purchase 3 Stores South Of Seattle Area

BELLEVUE - QFC, which two weeks ago announced it is acquiring 12 Olson's Food Centers in northern King and southern Snohomish counties, said today it will buy three stores south of the Seattle area from Puget Sound Marketing Inc., which operates seven Hogan's Market and Bag 'n Save stores.

Terms were not disclosed. The acquisition is expected to be completed in late March.

The stores QFC will buy from Carl and Charles Hogan, longtime owners, are in Enumclaw, Auburn and Gig Harbor. Three other Hogan's stores in Centralia, Tacoma and Puyallup are being acquired by competitor Safeway. The Hogans' Bremerton store is not included.