Retail Merchandiser - March/April 2018 - 50

TOPS FRIENDLY MARKETS

Top Choice

TOPS Friendly Markets prides itself on giving back to its customers' communities

www.TOPSmarkets.com
Williamsville, N.Y.

G

enerations of families in upstate New
York, northern Pennsylvania and Vermont have come to know TOPS Friendly Markets as the trusted place to feed
their families.
The supermarket chain opened its first location in
1962: a 25,000-square-foot store in Niagara Falls,
N.Y. TOPS has since gone through many changes
and evolutions on its way to reaching 169 full-service supermarkets and five franchisees serving the
Lake
Erie region. The first major

shift
occurred
in 1991,
when
Ahold,
a Netherlands-based international food
retail conglomerate,
purchased the company. Ten years later,
that relationship led to
a partnership between
50

RETAIL-MERCHANDISER.COM

Volume 58, Issue 2

TOPS and Giant Food stores, another Ahold company that was based in Carlisle, Pa.
However, TOPS struggled to fit within Ahold's
centralized organization and the multinational
conglomerate decided to sell the brand to Morgan
Stanley Private Equity. TOPS returned to local
ownership in 2013 when CEO Frank Curci and
six members of the company's executive team purchased it from Morgan Stanley.
That same year, TOPS introduced Orchard Fresh,
a new specialty food market concept in western New
York geared toward the emerging organic, natural
and health-conscious

TOPS says it is better able to serve its
communities by being locally owned.


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Table of Contents for the Digital Edition of Retail Merchandiser - March/April 2018

Contents
Retail Merchandiser - March/April 2018 - Cover1
Retail Merchandiser - March/April 2018 - Cover2
Retail Merchandiser - March/April 2018 - 1
Retail Merchandiser - March/April 2018 - Contents
Retail Merchandiser - March/April 2018 - 3
Retail Merchandiser - March/April 2018 - 4
Retail Merchandiser - March/April 2018 - 5
Retail Merchandiser - March/April 2018 - 6
Retail Merchandiser - March/April 2018 - 7
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Retail Merchandiser - March/April 2018 - Cover3
Retail Merchandiser - March/April 2018 - Cover4
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http://digital.retail-merchandiser.com/nxtbooks/phoenix/rm_20141112_newnotable
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