PA-based Weis Markets, which operates 161 stores in five states, announced in a press release earlier today that it was buying three Genuardi's supermarkets in Pennsylvania. The locations are Conshohocken, Doylestown and Norristown (Germantown Pike).
No sale price was disclosed, and Weis said the stores would continue to operate as Genuardi's while the deal was finalized.
Last month it was announced that Giant would buy 16 Genuardi's locations in Pennsylvania. With three now going to Weis, that leaves the following Genuardi's stores:
Audubon, PA
Barnegat, NJ
Cherry Hill, NJ
Egg Harbor Township, NJ
Evesham, NJ
Exton, PA (closed earlier this month)
Norristown, PA (West Main Street) - closing March 10
Royersford, PA (closed earlier this month)
Weis Markets fourth quarter and year-end results
Showing posts with label Charles Genuardi. Show all posts
Showing posts with label Charles Genuardi. Show all posts
Monday, February 13, 2012
Thursday, September 22, 2011
Charles Genuardi, one of five brothers who ran family business, passes away at 102
Charles Genuardi, the oldest of the five Genuardi brothers who ran the family grocery business until 1990 when they transferred control to the next generation, died last Friday at the age of 102.
The family business traces back to 1920, when Charles' parents, Gaspare and Josephine, grew vegetables on a small farm in Norristown and delivered them by horse and wagon to their neighbors. In the 1930s, the family opened a corner store, and then a "superette," or small supermarket, in the 1940s in Jeffersonville (West Norriton).
The Genuardi's chain of stores was founded in 1954, and for 36 years the five brothers (four other siblings were not involved) developed the company into one of the largest and most respected independent supermarket businesses in the Delaware Valley.
Under the leadership of Charles' son, Charles A., the number of stores nearly doubled between 1990 and 2000, and in 2001 the company was sold to Safeway.
The family business traces back to 1920, when Charles' parents, Gaspare and Josephine, grew vegetables on a small farm in Norristown and delivered them by horse and wagon to their neighbors. In the 1930s, the family opened a corner store, and then a "superette," or small supermarket, in the 1940s in Jeffersonville (West Norriton).
The Genuardi's chain of stores was founded in 1954, and for 36 years the five brothers (four other siblings were not involved) developed the company into one of the largest and most respected independent supermarket businesses in the Delaware Valley.
Under the leadership of Charles' son, Charles A., the number of stores nearly doubled between 1990 and 2000, and in 2001 the company was sold to Safeway.
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