PRICE CHOPPER AND TOPS MERGE

 

Two of the largest supermarket chains in upstate New York are planning to join forces which could bring more buying power for you, the consumer.   Schenectady-based Price Chopper/Market 32 and Williamsville-based Tops Markets announced plans to merge.  This will almost double the number of the stores for the combined company.  Both companies will continue to operate under their brand names but combine their efforts to bring greater buying options for the consumers.

Price Chopper has 130 locations in New York, Vermont, Connecticut, Pennsylvania, Massachusetts and New Hampshire. Tops runs 162 stores in New York, Pennsylvania and Vermont.

“This merger marks a major step forward and collectively elevates our ability to compete on every level.  It leverages increased value for our customers; advances shared opportunities for innovation; fortifies the depth of our workforce, community and trade partnerships; and ultimately accelerates our capacity to deliver a distinctively modern and convenient shopping experience. Given the vital role that supermarkets and their workforces play in our communities, particularly this past year, I am excited to lead the parent company of these two historic grocery retailers.”

“We have long believed that this merger makes sense both strategically and based on the similar ways in which we each put customers first, go to market and treat our people,” Curci said in the release. “We look forward to working closely with the Price Chopper/Market 32 team and together becoming an even stronger competitor with more scale, as we continue serving our customers and communities,” said Scott Grimmett, Price Chopper president and CEO who will be CEO of the new parent company.