FULTON, NY – Tops Markets today (August 30) provided an update on the progress it is making on its financial restructuring process.
The West First Street, Fulton, store is one of the company’s targeted “underperforming stores.”
The company today received court approval of its final agreement with the United Food and Commercial Workers Union. Additionally, Tops today also announced that following a comprehensive evaluation of its store portfolio and in connection with its ongoing financial restructuring process, it intends to close 10 underperforming stores by the end of November.
Tops is taking this action as it continues to focus on strengthening its financial position so it can invest further in its stores, create an even more exceptional shopping experience for customers, and compete more effectively in today’s highly competitive and evolving market.
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