Cut price chain Netto has confirmed its acquisition of 19 stores from Somerfield including one in Wolverhampton.
Netto, which claims to be the UK's leading value retailer, will take ownership from April 5 onwards.
It said the Heathtown store would be refurbished and converted into the Netto format with new shop fittings, plant and signage.
Somerfield announced on Monday that it was cutting its losses on the Kwik Save brand.
It is rebranding 102 shops as Somerfield and selling 171 to a new company specifically set up to operate Kwik Save.
A further 77 have been sold to other retailers, with Lidl and Aldi along with Netto all though to have benefited.
Netto managing director Claus Wædeled said: "We are very pleased to announce this acquisition which will further expand Netto's share of the UK retail market and introduce Netto Smart Shopping to more consumers in the UK.
"Netto is planning to open an additional 15 stores this year which means that by the end of 2006 we will be operating from more than 180 sites."
The Danish store group is one of the fastest growing in the UK.
Mr Wædeled said: "We concentrate on delivering the lowest possible price on the best quality goods.
"On average, a shopping basket of Netto's own-brand and branded goods is 20 per cent cheaper than our rivals.
"What we offer is no frills and lower bills."
Netto has its UK head office in Yorkshire.
It opened its first UK store in 1990 and currently has 148 stores across the country.