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Tops Looks to Rebuild HQ Staff

Tops Markets is exploring the addition of “upwards of 100 positions” at its headquarters here following the chain’s acquisition by a private-equity firm, Frank Curci, chief executive officer, Tops, told SN yesterday.

WILLIAMSVILLE, N.Y. — Tops Markets here is exploring the addition of “upwards of 100 positions” at its headquarters here following the chain’s acquisition by a private-equity firm, Frank Curci, chief executive officer, Tops, told SN yesterday. Morgan Stanley Private Equity said Monday it had completed the purchase of the 71-store chain for $310 million. Curci said Tops has a service contract with its former sister chain, Giant of Carlisle, Pa., to continue to support while Tops rebuilds its marketing, merchandising and other functions that had been shared with Giant under Ahold. “It’s going to take six months to a year to build that back up,” Curci said, adding that the company plans to invest in new-store openings and remodels once the headquarters is restaffed. “We really see this as a company we can expand,” he said.

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