Tops Markets sells 12 of its stores to C&S
Nov 1, 2005 12:00 PM
Tops Markets, a Buffalo NY-based unit of Ahold USA, has sold 12 of its New York supermarkets in the Adirondacks to New Hampshire-based C&S Wholesale Grocers, which is Tops' supplier. Terms of this transaction were not available.
The markets are scheduled to change ownership starting in mid-February 2006.
There are 137 Tops stores remaining in New York and northeast Ohio after this sale. One of four retail operating firms under Ahold USA, Tops is a division of Ahold's Giant Food Stores.
C&S, which distributes groceries to 4,000 independent supermarkets and supermarket chains, owns more than 50 warehouses.
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