As expected, Tops Friendly Markets here said it has filed a bid to acquire a majority of the assets of Penn Traffic Co., Syracuse, N.Y., out of bankruptcy, although rival bidder Price Chopper voiced strong objections to the proposed sale in a...
Penn Traffic here has reached an agreement with liquidators to sell off its assets, but is still seeking a last-minute buyer that would acquire most of its stores and continue to operate the chain, the company said last week. In a filing with the...
After a lost year that saw investors hoarding cash rather than gambling while the economy was in limbo, a few supermarket companies have begun to lure some of that capital back through a spate of recent bond deals. Williamsville, N.Y.-based Tops...
LOCAL 99, CHAINS AVERT STRIKE PHOENIX Only hours before a threatened strike, union workers at Safeway, Fry's and Smith's stores here reached tentative agreement with employers on a three-year contract, officials said. The agreement ends 13 months...
WILLIAMSVILLE, N.Y. — Tops Friendly Markets here last week said it has named Sam Qureshi to the newly created post of director of produce and floral marketing. He will be responsible for procurement, pricing, merchandising, marketing and...
Tops Friendly Markets here yesterday said it has named Diane Colgan vice president of sales development and marketing.
FOOD CITY TO ACQUIRE 8 BI-LO LOCATIONSere last week said it intends to purchase eight Bi-Lo supermarkets in Tennessee and convert them to the Food City banner. A purchase price was not disclosed, and the transaction is expected to close in mid...