McCaffrey's to acquire Genuardi's in Newtown, PA

On Monday I referenced a Food Trade News story that said the Newtown, PA Genuardi's will be acquired by an independent operator rather than by Giant, as previously planned. Yesterday it was announced that the independent operator is actually McCaffrey's Market, which operates stores in nearby Lower Makefield, PA as well as East Windsor and Princeton, NJ.

Giant, which announced in January that it was planning to acquire 16 Genuardi's stores, was forced to give up the Newtown location by the Federal Trade Commission, due to its nearby store in Middletown Township.

According to McCaffrey's, the store will retain Genuardi's 103 employees and hire an additional 40-50 workers. In addition, the store will be remodeled over a four-to-five month period to transform it into a typical McCaffrey's market.

Bottom Dollar to open 8 more stores in New Jersey

About a month after Bottom Dollar opened 14 new stores in the Pittsburgh, PA and Youngstown, OH markets (see "related blog posts" below), the company announced yesterday that it would open eight new locations in New Jersey. The new stores will all be in the Central and Southern part of the state.

New stores opening Friday, March 2
Trenton
Cinnaminson

New store opening April 13
Bordentown

Future stores
Edgewater Park
Bellmawr
Woodbury
Mt. Holly
East Windsor

As of Friday's openings, Bottom Dollar will be operating seven stores in New Jersey, 35 in Pennsylvania and three in Ohio.

Back in December, Bottom Dollar's parent company, Delhaize Group (Food Lion, Hannaford Bros.), said it is looking to add 450 new discount grocery stores worldwide over the next five years, "hundreds" of which would be in the United States.

Related blog posts:
Delhaize to eliminate Bloom, open 7 Bottom Dollar stores this week (1/23)
Food Lion closing 126 stores, including 2 in PA (1/12)