US: Tops Friendly Markets returns to local ownership
During the past six years under Curci's leadership, Tops has more than doubled its number of stores, added new jobs and expanded is geographic reach into eastern and northern New York, Vermont and northern Pennsylvania. In April, 2013 Tops also opened Orchard Fresh a speciality and gourmet food store in Orchard Park, NY.
"The management team at Tops truly has a passion for the business and dedication to the core values of the organization, and has led the company's tremendous growth over the past six years," Curci said. "This transaction represents the next step in the natural evolution of Tops that began six years ago when we returned operations and decision making to our local markets. Now with local ownership as well, we will be able to build on our successes of the recent past, deepen our commitment to the markets we serve, and further expand to better serve our associates and customers."
Financial terms of the transaction have not been disclosed.
For more information about Tops Markets, visit the company's website at www.topsmarkets.com.
