BRANDON - Hannaford Supermarkets today announced an agreement in principle to buy two Grand Union supermarkets located in Swanton and Brandon, Vt. The agreement with Grand Union is expected to be final in early 2010.
Hannaford currently operates 14 supermarkets in Vermont. Both Swanton and Brandon complement its current stores, the company said.
In Brandon, the agreement with Grand Union will allow Hannaford to begin serving customers there about a full year ahead of opening the new Hannaford store planned for Route 7 at the intersection of Nickerson Road.
The Brandon store, 71 Supermarket Dr., is a 19,900-square-foot store. Hannaford plans to operate there temporarily and move to its new location planned for Route 7 at the intersection of Nickerson Road in 2011. Hannaford announced Sept. 16, 2009 that it had signed a lease agreement with Second Generation Development, the developer of the Route 7 store. Second Generation Development expects to obtain permits in early summer and break ground shortly thereafter.
The new Brandon store is being designed to meet U.S. Green Building Council Leadership in Energy and Environmental Design (LEED) certification standards, furthering Hannaford's commitment to building new stores that use substantially less resources and have less impact on the environment.
In Brandon, the company expects the building will be leased to a new retail tenant after the opening of its new store in 2011.
Grand Union will continue to operate the stores while the agreement is finalized. In Brandon, the level of employment will increase substantially in 2011 when Hannaford moves to the new Route 7 location, which will include a pharmacy.
Hannaford Supermarkets, based in Scarborough, Maine, operates 171 stores under the Hannaford Supermarket and Hannaford Supermarket and Pharmacy names.