![]() They also have stores in Scranton area in Pennsylvania and into Vermont, Connecticut, Massachusetts, and New Hampshire. In New York, the stores are located through central New York, the Albany area and the Hudson Valley. ![]() Price Chopper was founded in 1932 by the Golub family and has 130 stores across the Northeast and 18,000 employees. Tops Markets will retain its main office in Williamsville, Erie County. Northeast Grocery will be headquartered in Schenectady, which will remain the home for Price Chopper/Market 32. “It’s simple: More choices and competition at the supermarket mean better prices and more savings for consumers,” James said in a statement. So by requiring the sale of the 12 stores to C&S, which is the largest private wholesale grocery distributor in the country, those areas will continue to have a competitive market to help customers, James said. The Price Chopper super market in the Town of Poughkeepsie on February 10, 2021.Īttorney General Letitia James said Price Chopper and Tops largely do not compete head-to-head in most areas.īut in communities where they do, there were concerns that the merger would have eliminated a direct supermarket competitor. More: Why Tops and Price Chopper are merging, and how it could change the grocery market “We believe that this merger will be a positive for our membership, preserving union jobs and strengthening the company’s prospects into the foreseeable future,” said Frank DeRiso, president of the UFCW Local One, said in a statement. The Grand Union stores will showcase C&S's already successful retail strategies and be supported by our strong wholesale supply chain and programs to deliver solid retail performance." "This is an important component of our growth and future success. ![]() "With our recent announcement of the purchase of Piggly Wiggly Midwest, this is another very exciting opportunity for C&S to further expand into the retail market," Rick Cohen, executive chairman of C&S Wholesale Grocers, said in a statement. The 12 Tops stores that also include ones in Cooperstown, Cortland, and Rome, will be sold to C&S Wholesale Grocers.Ĭ&S said it will convert all 12 stores - which also includes ones in Norwich, Peru, Saranac Lake, Sherrill, Warrensburg, two locations in Watertown and one in Rutland, Vermont - to Grand Union supermarkets. The joint companies' blueprint will be so large across upstate New York that the FTC and the state Attorney General's office are mandating that the company divest and sell 12 stores to ensure competition in those regions. “Now we can dedicate ourselves to bringing these two storied grocery chains together, leveraging best practices, developing new opportunities and finding efficiencies that will help us continue to deliver distinctive shopping experiences,” Scott Grimmett, the current Price Chopper/Market 32 president who will lead the new parent company, said in a statement. The deal was signed off by the Federal Trade Commission on Monday. The deal, first announced in February, brings together two of upstate New York's largest supermarket chains, with nearly 300 stores and about 30,000 full and part-time workers. The Grand Union at Four Corners in Vestal in 2002, shortly before it closed.
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