Tops stores in Albion and Medina not on list of closings
WILLIAMSVILLE – Tops Markets on Thursday announced it plans to close 10 “underperforming stores.”
The two Tops stores in Orleans County in Albion and Medina are not on the list.
The 10 stores that will close by the end of November include two in Rochester, two in Syracuse, and Fairport, Lyons, Geneva, Fulton, Elmira and Saranac Lake.
“The vast majority of our stores are profitable and we are seeing strong customer support continue to drive growth in these locations,” said Frank Curci, Chief Executive Officer of Tops. “That said, there are a few stores that are not performing to our standards, due to a number of factors including location, store size, lack of visibility, and lease costs.”
Tops Markets operates 169 full-service supermarkets with about 14,000 associates in Upstate New York, Northern Pennsylvania, and Vermont. The company is working its way through bankruptcy.
“We are making significant progress in our financial restructuring process and our operating results have remained strong,” Curci said. “Receiving court approval of the global settlement with the UFCW is a major milestone in our court supervised restructuring process, as it helps pave the way for our reorganization and ultimate emergence from this process. We are using the tools available to us through the court-supervised process to conduct an orderly wind down of these stores. We are pleased to continue serving our communities with existing locations that are all in close proximity to the affected stores and providing the same great service, value, and convenience that our customers expect from us.”