March 06, 2015 1:32 AM ET

Food and Staples Retailing

Company Overview of Tops Markets, LLC

Company Overview

Tops Markets, LLC operates full-service supermarkets in New York, northern Pennsylvania, and western Vermont. Its stores offer frozen, meat, seafood, deli and carryout, bakery, dairy, florist, and pharmacy products, as well as fresh produce. The company also operates playhouses for children in its stores; and gas stations. In addition, it provides franchise opportunities. The company was founded in 1962 and is headquartered in Williamsville, New York. Tops Markets, LLC operates as a subsidiary of Tops Holding, LLC.

6363 Main Street

Williamsville, NY 14221-5855

United States

Founded in 1962

Phone:

716-635-5000

Fax:

716-633-0898

Key Executives for Tops Markets, LLC

Chairman, Chief Executive Officer, President and Owner
Age: 62
Chief Financial Officer
Age: 37
Chief Operating Officer
Age: 46
Senior Vice President and General Counsel
Age: 64
Senior Vice President of Operations
Age: 47
Compensation as of Fiscal Year 2014.

Tops Markets, LLC Key Developments

Tops Friendly Markets to Close Seven Monroe County Stores in New York

Tops Friendly Markets announced that it will close pharmacy departments in seven Monroe County stores to reinvest in its stores and use the additional space to offer shoppers more product choices. These pharmacy department closings at stores in Rochester, Brighton, Fairport and Henrietta, are effective later this month. This transition is part of an agreement whereby Tops will close pharmacy departments in 27 of its 162 locations and transfer pharmacy prescriptions and inventory to five CVS/Pharmacy and 22 Rite Aid locations near each affected store. The transaction accounts for less than 20% of the company's prescription volume and Tops will continue to serve customers from 52 pharmacy locations within its network of stores.

Tops Friendly Markets to Close Three Erie County Stores in New York

Tops Friendly Markets announced that it will close pharmacy departments in three Erie County stores in New York to reinvest in its stores and use the additional space to offer shoppers more product choices. The pharmacy department closings at stores in Williamsville, East Aurora and Springville, will be effective later this month. This transition is part of an agreement whereby Tops will close pharmacy departments in 27 of its 162 locations and transfer customer scripts and inventory to five CVS/Pharmacy and 22 Rite Aid locations near each affected store. The transaction accounts for less than 20% of the company's prescription volume and Tops will continue to serve customers from 52 pharmacy locations within its network of stores. The pharmacy departments that will be closing within Tops stores in Erie County include: Tops Markets Pharmacy, located at 65 Grey Street, East Aurora Prescription files will be transferred to the Rite Aid pharmacy located at 190 Main Street in East Aurora. Tops Markets Pharmacy located at 184 South Cascade, Springville Prescription files will be transferred to the Rite Aid pharmacy located at 40 W. Main Street in Springville. Tops Markets Pharmacy located at 5274 Main Street, Williamsville Prescription files will be transferred to Rite Aid pharmacy located at 5447 Main Street in Williamsville. Tops and Rite Aid are working together closely to ensure the transition will be as seamless as possible for customers. Tops will continue to serve customers from its 52 remaining pharmacy locations, 24 of which are located in Erie County, and the company will include new pharmacies in selected supermarkets as part of the company's growth and expansion. Since this transition affects only three out of 34 Tops stores located in Erie County, most customers will not see any changes in their Tops supermarket experience.

Tops Friendly Markets to Close Three Onondaga County Tops Locations in New York

Tops Friendly Markets has announced that it will close pharmacy departments in three Onondaga County Tops locations to reinvest in these stores and use the additional space to offer shoppers more product choices. The pharmacy departments closing at stores in Fayetteville, Skaneateles and North Syracuse will be effective later this month. This transition is part of an agreement whereby Tops will close pharmacy departments in 27 of its 162 locations and sell customer scripts and inventory to five CVS/Pharmacy and 22 Rite Aid locations near each affected store. The transaction accounts for less than 20% of the company's prescription sales and Tops will continue to serve customers from 52 pharmacy locations within its network of stores. The pharmacy departments that will be closing within Tops stores in Onondaga County include: Tops Markets Pharmacy located at: 3803 Brewerton Road, N. Syracuse, NY Prescription files will be transferred to the Rite Aid pharmacy located at: 5380 West Taft Rd., N. Syracuse, NY. Tops Markets Pharmacy located at: 5351 N. Burdick Street, Fayetteville, NY Prescription files will be transferred to the Rite Aid pharmacy located at: 101 Towne Dr, Fayetteville, NY. Tops Markets Pharmacy located at: 40 Fennell Street, Skaneateles, NY Prescription files will be transferred to CVS/Pharmacy located at: 27 Fennell Street, Skaneateles, NY. Tops, Rite Aid and CVS/Pharmacy are working together closely to ensure the transition will be as seamless as possible for customers.

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