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Tuesday, October 10, 2006

Giant Eagle buys local Tops stores

Created: 10/10/2006 3:01:34 PM
Updated:10/10/2006 5:16:35 PM

CLEVELAND -- Tops Supermarkets will sell 18 Cleveland-area stores to Giant Eagle.
According to a news release, the chain will sell stores in Cuyahoga, Summit, Lorain, Medina and Huron counties, completing the sale before the end of 2006.Tops has 46 stores in the area which they hope to sell by the end of the year.The Pittsburgh-based Giant Eagle released the following timeline on what stores would be changed:Transition Timeline

It is anticipated after Tops store inventory liquidation sales are completed in early December, the stores will be closed temporarily for restocking and remerchandising. During this temporary closure, the in-store pharmacies will remain open, allowing customers to continue to order and pick up prescriptions. Giant Eagle will then reopen the former Tops locations in a phased approach, beginning in mid-December, with a second round of stores opening in January of 2007, and culminating in late summer of 2007 with three stores which will replace existing Giant Eagle supermarkets. Importantly, the transaction will bring Giant Eagle locations to new areas of northeast Ohio in Medina and Norwalk.

Store Opening TimelineGiant Eagle Locations Opening Mid-December, 2006
14100 Detroit Avenue, Lakewood, 44107 (will replace existing Giant Eagle location)
Giant Eagle Locations Opening in January, 2007
870 North Court Street, Medina, 44256
80 Whittlesey Avenue, Norwalk, 44857 (new GetGo location)
21593 Lorain Road, Fairview Park, 44126
821 Cleveland Street, Elyria, 44035
24601 Chagrin Boulevard, Cleveland, 44122
230 Howe Avenue, Cuyahoga Falls, 44221
10950 Lorain Avenue, Cleveland, 44111
3628 Mayfield Road, Cleveland Heights, 44118
6259 Mayfield Road, Mayfield Heights, 44124
3750 West Market Street, Fairlawn, 44333
Giant Eagle Supermarkets Replacing Existing Giant Eagle Locations in Late Summer, 2007
1825 Snow Road, Parma, 44134 (independently owned location)
7919 Day Drive, Parma, 44129
22777 Rockside Road, Bedford, 44146
New Dave's Supermarket Locations with Giant Eagle Pharmacies
22501 Shore Center Drive, Euclid, 44123
4948 Turney Road, Garfield Heights, 44125
11501 Buckeye Road, Cleveland, 44104
16820 Harvard Avenue and Lee, Cleveland 44128

Giant Eagle has agreed to acquire the pharmacy records for the Tops pharmacies. Congressman Dennis J Kucinich issued the following statement on news that an agreement on Tops Grocery stores has been reached:"I will very closerly study the labor and antitrust implications of the sale of 18 Tops stores to Giant Eagle.

In the hours and days to come, I will be meeting with all parties to discuss the community impact and the effect on jobs in our community. My first and foremost concern has always been, and remains, to ensure that these vital jobs remain in Northeast Ohio."
© 2006


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