One of Nation’s Largest Supermarket Chains to Purchase Price Chopper?
Could it be?
Alberston's is the nation's second largest grocery chain with 2,200 stores. The Schenectady based Price Chopper currently has 130 stores across the Northeast.
Officials from Price Chopper had initially denied rumors in August that the chain was being sold.
Price Chopper was first started in 1922 by Russian immigrant Lewis Golub. His two sons expanded the store into a local chain in 1932.
Price Chopper would be run by the Golub family until Scott Grimmett became Chief Executive in early 2016. This is where a lot of things could change.
Price Chopper is currently undergoing a rebranding of its own. The plan was to remodel all locations and change the name to Market 32. If this sale goes through, it is unclear if the new owners would keep with the Market 32 plan, or simply convert the stores to Albertson's.
Right now there are several Market 32 locations in the Capitol Region, as well as in Massachusetts and Connecticut
Of course, the entire deal could fall through so nothing is set in stone as of yet.