Expanding Weis Racks Up $65M Tab For Store Acquisitions
June 15, 2017 | 1 min to read
It takes money to make money.
Weis Markets exemplified that old adage in 2016.
A recent Securities and Exchange Commission filing reveals that the Sunbury-based grocery chain spent $65 million to acquire stores from rival chains last year, including 38 former Food Lion stores and five Mars Super Market locations in greater Baltimore.
Weis also had its strongest year ever in 2016, topping $3 billion in sales for the first time in the chain's history.
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