Unionized Tops Markets To Merge With Non-Union Price Chopper/Market 32 Grocery Store Chain - UFCW Says It Will Use “Every Legal Measure To Make Sure” Its Members ‘Are Treated Fairly’ & ‘Looks Forward To Working With’ New Management
(BUFFALO, NEW YORK) – Northeastern Grocers Price Chopper/Market 32 and Buffalo-headquartered Tops Markets plan to merge, creating a supermarket retailer with nearly 300 stores in six states.
The merger combines a “totally Union operator” in Tops Markets with a “totally Non-Union” operator in Price Chopper/Market 32 parent Golub Corporation, according to United Food & Commercial Workers (UFCW) Local One, which represents 10,000 Tops Employees.
UFCW Local One President Frank DeRiso said: “UFCW Local One members from Tops Friendly Markets are not immune to changing management groups over the past fifteen years. They have certainly been on a roller coaster ride hanging on in fear of what would happen to their job at each management milestone. Through all these changes of management, a bankruptcy and a global pandemic, our Members have continued to provide their customers with superior service. Our Members at Tops Friendly Markets are Essential Front Line Workers and, as always, Local One will continue to fight for our Members’ jobs and their livelihoods. Our collective bargaining agreements are in full effect and have years left before they expire. We will be bargaining with Tops on the Adirondack stores very soon and expect no issues. We will use every legal measure to make sure our Members are treated fairly and we look forward to working with the new management, as we always have, to ensure of Members have stable employment.”
UFCW Local One represents 16,000 Members who work in retail food, drug, food processing, transportation, hospitals and nursing homes in Upstate New York and Northern Pennsylvania.
Financial terms of the deal, announced Monday (February 8th), weren’t disclosed.
Plans call for Scott Grimmett, the President and CEO of Schenectady, New York-based Price Chopper/Market 32, will serve as CEO of the merged company and on its Board of Directors, overseeing the operations of 292 Price Chopper, Market 32, Market Bistro and Tops Markets stores in New York, Vermont, Connecticut, Pennsylvania, Massachusetts, and New Hampshire.
Frank Curci, the Chairman and CEO of Williamsville-based Tops, will serve on the combined company’s board and as a consultant to aid in the transition.
With more than 30,000 Employees, the new parent company will be based in Schenectady, Price Chopper and Tops said.
Both supermarket chains will retain their main offices in Schenectady and in the Buffalo Suburb of Williamsville and continue to be managed locally by their respective leaders.
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