There are no others and there are no plans to build another like it. The Limited Chopper was a unique experiment, the company said Wednesday. Ultimately, after reviewing Price Chopper Limited’s current and future viability, we’ve chosen not to renew our lease.” “When we upgraded the Price Chopper SuperCenter to a Market 32 in November of 2019, the much larger store’s expanded offerings attracted even more of the little store’s traffic. With a 70,000 square foot Price Chopper SuperCenter around the corner on Route 50, that downtown location, with its limited parking, has served as more of a convenience store for fill-in grocery shopping trips. In a news release Wednesday, company spokeswoman Mona Golub said, “In response to the increased residential development and advocacy for a more sustainable and walkable downtown, we signed a 10-year lease in 2012 to operate a limited variety market beneath the Market Center Apartments. Developer Sonny Bonacio said at the time the format - a market on the ground floor of a luxury apartment building - was unique north of the New York metropolitan area.īut parkability apparently trumped walkability in a region where so many people own cars. Then-CEO Neil Golub said in 2011 that it was an unusual project for his company, whose new stores were typically at least 40,000 square feet. The Price Chopper Limited was the company’s response. The Price Chopper Limited is only 19,000 square feet, one-third the size of a typical newer Chopper and one-fifth the size of the chain’s largest stores.Īfter the company began discussing closure of a 23,000-square-foot, circa-1957 Chopper on Railroad Place, residents said they were worried there would be no affordable option for basic groceries within walking distance of the city’s core neighborhoods.
It would not elaborate on the status of any negotiations, but said an announcement will be made soon about a new tenant. West Side Management of Saratoga, which manages Market Center for owner Bonacio Construction, said Wednesday it has received many inquiries about the space. All 35 employees have been offered comparable jobs at other stores. With its 10-year lease in the Saratoga Market Center building expiring, the company decided to shutter the store at 6 p.m. The Schenectady-based company said Wednesday that the Price Chopper Limited at 55 Railroad Place had lost business to the much-larger supermarket only two-thirds of a mile away, on Route 50, after it was converted from a Price Chopper to a Market 32 in November 2019.
The Commission vote to approve the final order was 4-0.SARATOGA SPRINGS - The small Price Chopper market in the heart of downtown Saratoga Springs will close its doors in a month. Under the order, the supermarket operators will divest one supermarket in each market except for Watertown, where they will divest two. The order also requires C&S Wholesale Grocers to obtain the prior approval of the FTC before selling any of the assets it is acquiring in this divestiture.įirst announced in November 2021, the complaint alleged that the merger as proposed was likely to substantially lessen competition for the sale of grocery products in the New York communities of Cooperstown, Cortland, Oneida, Owego, Norwich, Warrensburg, Lake Placid, Rome, Watertown, and Plattsburgh and in Rutland, Vermont. The order requires the parties to obtain the prior approval of the FTC before selling or acquiring supermarkets in the affected markets. Under the terms of the final settlement, the supermarket operators have agreed to divest 12 Tops supermarkets to C&S Wholesale Grocers. would likely be anticompetitive in 11 local markets across upstate New York and Vermont. About the FTC Show/hide About the FTC menu itemsįollowing a public comment period, the Federal Trade Commission has approved a final order settling charges that the merger of New York-based supermarket operators The Golub Corp., which owns the Price Chopper chain, and Tops Market Corp.
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