Giant Eagle Inc. announced Monday it has reached an agreement to purchase five former Penn Traffic stores slated for closure in Pennsylvania from Tops Markets.
The purchased stores inclide BiLo Foods in Brookville, DuBois, Johnstown and St. Marys, and the Quality Market in Titusville.
“Given our nearly 80-year history as a leading regional food retailer with strong western Pennsylvania roots, we were approached by Tops Markets more than a month ago regarding these locations,” Giant Eagle Special Counsel Dan Shapira said in a prepared statement. “Tops informed us that these stores were outside of their geographic footprint, and as such would ultimately be closed and the employees terminated. We believe there is an opportunity to refurbish these stores and bring to consumers of the area an overall improved shopping experience.”
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