The rumor mill had been telling me this was not going to happen, but today Weis Markets announced it had purchased the Genuardi’s location at Ridge and Butler in Conshohocken; plus two other locations in Norristown and Doylestown. The press release stated:
Weis Markets Inc. (NYSE:WMK), a Pennsylvania-based supermarket company, today announced it has entered into an agreement to purchase three Genuardi’s locations from Safeway Inc.
The stores are located at: 200 Ridge Pike in Conshohocken, 13 Old Dublin Pike in Doylestown and 25 West Germantown Pike in Norristown.
The stores will continue to operate as Genuardi’s prior to the completion of the sale.
“We’re extremely pleased to be adding these stores to our store base,” said Weis Markets’ President and CEO David J. Hepfinger. “We look forward to serving these communities as the lead local merchant as we have in 33 counties throughout Central, Eastern and Northeastern Pennsylvania. We will also be reaching out to the associates of these stores to discuss employment with our company.”
Not familiar with Weis Markets? The chain was founded in 1912 and 2012 obviously means they are celebrating their 100th anniversary this year. It currently operates 161 stores in Pennsylvania, Maryland, New York, New Jersey and West Virginia.