Tops Markets plans to close 10 stores – none in Western New York – as part of its bankruptcy restructuring, the supermarket chain said Thursday.
Tops had been expected to close some of its 169 stores in a move to shed some of its locations that had not been doing well financially. The company had said this spring that as many as one of eight stores were underperforming financially.
But since then, the company has been negotiating with landlords to reduce its rent payments and reduce its store operating costs.
The Tops locations that will close are:
- 2120 West Genesee St., Syracuse
- 4141 South Salina St., Syracuse
- 710 Lake Ave., Rochester
- 175 N. Winton Road, Rochester
- 6720 Pittsford/Palmyra Road, Fairport
- 33 Forgham St., Lyons
- 381 Hamilton St., Geneva
- 909 West 1st St. S., Fulton
- 299 S. Main St., Elmira
- 622 Lake Flower Ave., Saranac Lake
"There are a few stores that are not performing to our standards, due to a number of factors including location, store size, lack of visibility, and lease costs," said Frank Curci, Tops' chief executive officer. "We are using the tools available to us through the court-supervised process to conduct an orderly wind down of these stores."
The 10 stores are expected to close by the end of November. Fewer than 600 of Tops' 14,000 workers are employed at the stores that will be closed.