News Release
FOR IMMEDIATE RELEASE:
DATE:
 September 29, 2011
CONTACT: Katie McKenna
kmckenna@topsmarkets.com

   
TOPS FRIENDLY MARKETS ANNOUNCES GRAND REOPENING OF NEWEST LOCATION IN HILTON, NY
Formerly Furnal’s Fresh Markets, Tops’ newest Hilton location will get a major upgrade

WILLIAMSVILLE, N.Y. – Tops Friendly Markets, a leading full-service grocery retailer in upstate New York and northern Pennsylvania, announced today that the company has officially closed on the sale, and has assumed operation of its newest store located at 98 South Avenue in Hilton, NY. The Hilton location is the 15th store in Monroe County for Tops and the 133rd store in the company’s New York/Pennsylvania market.

In early September, the company entered into a purchase agreement with Furnal’s Fresh Market. The 30-day closing period ended on September 28, 2011.

“We are looking forward to operating in the Village of Hilton and serving our new neighbors,” said Frank Curci, Tops Markets’ president and CEO. “Customers will see the same friendly team of associates providing them with exceptional value, savings and variety in an overall enhanced store setting.”

Shoppers at the Hilton Tops will see immediate changes in the 27,000 square-foot location such as exterior signage, aisle signs, the addition of Tim Horton’s kiosk and increased product variety, including Tops brand products. Additionally, major renovations will begin in early January 2012, and will include a new store front, new interior décor, the added convenience of self check-out stations, and upgrades in nearly every department within the store. Renovations are expected to be complete by spring of 2012.

“I’d like to thank the Hilton community and my associates for 41 years of support, commitment and service,” said Rick Furnal, owner of Furnal’s Fresh Market. “I am confident that Tops will be a good neighbor and will continue to serve the needs of this community for many years to come.”

There are approximately 32 full-time and 50 part-time associates at the Hilton location. All associates were offered the option of applying for employment with Tops Markets and a majority of these associates are continuing their employment with Tops Markets.

Tops plans on building upon the tradition and commitment to the community that the Furnal family has created over the past 41 years. Tops Markets is a proud sponsor of the 2011 Apple Festival which will take place October 1-2 in the Village of Hilton.

Specific terms of the agreement were not disclosed.

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Tops Markets, LLC, is headquartered in Williamsville, NY and operates 133 full-service supermarkets – 127 company-owned and six franchise locations. With more than 14,000 associates, Tops is a leading full-service grocery retailer in upstate New York and northern Pennsylvania. For more information about Tops Markets, visit the company's website at www.topsmarkets.com.

 

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