Tops buying Grand Union, again

— ELIZABETHTOWN — The familiar chain of Grand Union supermarkets throughout the North Country that became Tops supermarkets in 2001 — only to revert back to Grand Union several years later — will once again be known as Tops.

Tops Friendly Markets announced Thursday, July 19, it had entered into an agreement with Grand Union Markets LLC, to acquire 21 facilities located in upstate New York and Vermont, according to a release by the company.

The Grand Unions purchased by Tops include stores in the following Adirondack locations: Elizabethtown, Au Sable Forks, two locations in Saranac Lake (Lake Flower Avenue and Church Street), Bolton Landing, Chestertown, Schroon Lake, Corinth, Warrensburg, North Creek, Northville and Peru.

Tops has also purchased several Vermont locations including Hardwick, Northfield and Rutland.

Tops officials said the local stores will still be called Grand Union until the transfer is complete, which is expected to happen this fall. The acquisition will bring the number of Tops stores to 153 and will expand Tops’ footprint further into areas of northern and eastern New York state and neighboring northern Vermont.

“We are very excited about this growth opportunity for Tops, especially since these stores are a natural extension of our current footprint,” said Frank Curci, Tops Markets president and CEO. “We are looking forward to having these stores and the surrounding communities become part of the Tops family.”

Grand Union Markets LLC is an affiliate of C&S Wholesale Grocers, Inc., based in Keene, N.H.

“We believe this transition makes excellent strategic sense for both organizations,” said Michael Newbold, EVP and Chief Administrative Officer for C&S Wholesale Grocers. “It allows Tops to strengthen its retail network, while C&S will continue to focus on its core business of providing innovative supply and logistics solutions to its wholesale customers.  C&S very much appreciates its deep partnership with Tops and looks forward to the second decade of our relationship.”

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