Price Chopper/Market 32 Purchases Former Shoprite Capital Region Assets
December 13, 2023 | 1 min to read
Price Chopper/Market 32 has finalized the purchase of five former ShopRite store leases and equipment to enhance its presence in the Capital Region. President Blaine Bringhurst emphasized the expansion of the Market 32 brand, aiming to improve customer experience and provide local job opportunities. The company plans to convert two ShopRite stores in Niskayuna and North Greenbush into Market 32 locations, while evaluating future options for properties in Albany and Colonie.
To further solidify its presence in the Capital Region, Price Chopper/Market 32 announced that it has just finalized the purchase of the leases, store equipment and fixtures of the five former ShopRite stores in the Capital Region with a desire to expand its local fleet of Market 32 stores.
“Our Market 32 brand has been extremely well received and this gives us an excellent opportunity to expand our footprint in the Capital Region, provide our customers with the shopping experience they are looking for and our teammates with career growth opportunities right here in our hometown,” said Blaine Bringhurst, Price Chopper/Market 32 president, who celebrated the grand re-openings of the chain’s 39th and 40th Market 32s in Rutland and W. Rutland, Vermont last month.
While the company is still evaluating all its options, the plan is to convert the current ShopRite stores in Niskayuna and North Greenbush into Market 32s. The Slingerlands location, which sits directly across the street from an award-winning Market 32, will be marketed for sublease. As discussions with landlords in Albany and Colonie continue, decisions will be made about the future of those properties and the current Price Chopper/Market 32 stores which are located nearby in Westgate and Colonie Plazas. Current teammates will be prioritized in staffing whichever of the locations are ultimately occupied.
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