Big Y Foods Inc. has reached an agreement to acquire the leasehold interests for three supermarkets in New England.
The locations are 1076 Post Road East in Westport, Connecticut; 14 Candlewood Lake Road in Brookfield, Connecticut; and 290 Turnpike Road in Westborough, Massachusetts.
Big Y teams have assessed each location to determine how soon they can convert and remodel them into supermarkets, a process that could start as early as within four-six months depending upon equipment lead times.
The locations tie in with its growth strategy, which includes a new supermarket under construction in Middletown, Connecticut, and one that is planned for Uxbridge, Massachusetts. They will bring the number of locations to 77.
The company also is acquiring a gas and convenience store at 342 Washington Ave. in North Haven, Connecticut, across the street from a Big Y supermarket. It will become the chain’s 18th Big Y Express.
”All of us at Big Y are excited about the opportunity to enter into these communities with our unique fresh and local foods along with our exceptional and knowledgeable employees,” said Michael D’Amour, president and CEO. “These locations fit nicely within our current store footprint.”
About Big Y Foods
Big Y Foods Inc. is one of the largest independently-owned supermarket chains in New England. The grocer operates locations throughout Massachusetts and Connecticut, including supermarkets, Table & Vine Fine Wines and Liquors and Big Y Express gas and convenience stores with more than 10,000 employees.
Founded in 1936 by brothers Paul and Gerald D’Amour, the store was named after an intersection in Chicopee, Massachusetts, where two roads converge to form a “Y”.
Read more independent store news from The Shelby Report.
