Grand Union Returning to Peru
C&S WHOLESALE GROCERS ENTERS INTO A DEFINITIVE PURCHASE AGREEMENT FOR 12 TOPS MARKETS STORES
By November 9, 2021
C&S Brings Back Grocery Icon Grand Union Supermarkets
Keene, N.H. — C&S Wholesale Grocers, Inc., an industry leader in supply chain solutions and wholesale grocery supply in the United States, has entered into a definitive agreement to purchase 12 Tops Markets stores that have become available due to the Tops Markets merger with Price Chopper/Market 32. C&S will convert these 12 stores to Grand Union supermarkets.
“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. This is an important component of our growth and future success. 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,” said Rick Cohen, Executive Chairman, C&S Wholesale Grocers.
The Grand Union stores will be based in Cooperstown, Cortland, Norwich, Owego, Peru, Rome, Saranac Lake, Sherrill, Warrensburg and two locations in Watertown in New York, and Rutland, Vermont. The agreement is set to close in the coming weeks. The grand openings are planned for mid-January through mid-February 2022. GU Markets LLC, an affiliate of C&S Wholesale Grocers, will operate these stores. C&S will continue to recognize the union workforce at these locations.
“The Grand Union stores will offer competitive prices on a wide variety of fresh foods and an extensive assortment of brand name groceries, as well as our signature private brands. Each store will contain localized assortments to meet their shoppers’ needs,” said Bob Palmer, Chief Executive Officer.
Posted: November 19th, 2021 under Business News, Northern NY News, Peru News, Peru/Regional History.