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Price Chopper/Market 32 Buys Former ShopRite Stores

Price Chopper/Market 32 said Tuesday that it has just finalized the purchase of the leases, store equipment, and fixtures of the five former ShopRite stores in New York’s Capital Region. The move comes as Market 32 looks to expand its footprint.

“Our Market 32 brand has been extremely well received and this gives us an excellent opportunity to expand our footprint in the Capital Region, provide our customers with the shopping experience they are looking for, and our teammates with career growth opportunities right here in our hometown,” said Blaine Bringhurst, Price Chopper/Market 32 president, in a statement.

While the company is still evaluating all its options, the plan is to convert two ShopRite stores into Market 32 locations, according to the retailer. Another location, directly across the street from an existing Market 32, will be marketed for sublease. The grocer is currently deciding what to do with the two remaining stores.

“Price Chopper/Market 32 is excited at the prospect of growing scale right here in New York’s Capital Region, where we’ve been serving customers for more than 90 years. We have always been and will remain an employer of choice for our valued teammates. We are here to stay and will continue to invest in modernizing our stores, providing opportunities to our workforce, delivering an exceptional shopping experience to our customers, and supporting the community around us,” said Bringhurst.

Related: The Giant Company Promotes Two; DoorDash Focuses on Regional Retailers

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