Tops Buys Back Warehouse From C&S

Tops Markets on Friday said it would buy back a warehouse in Lancaster, N.Y., it had sold to its supplier, Keene, N.H.-based C&S Wholesale Grocers, in 2002.

BUFFALO, N.Y. — Tops Markets here on Friday said it would buy back a warehouse in Lancaster, N.Y., it had sold to its supplier, Keene, N.H.-based C&S Wholesale Grocers, in 2002. Terms were not disclosed. C&S will continue to operate the 1-million-square-foot distribution center, a spokeswoman for Tops told SN. The acquisition could facilitate Ahold’s previously disclosed plan to sell the Tops banner, according to local reports. “It made sense for us to buy it back," Max Henderson Jr.,

Register to view the full article

TAGS: News