Tops Friendly Markets exceeded this year’s fundraising goal for its Children’s Miracle Network Hospitals (CMNH) campaign, collecting more than $414,000. Customers were able to support CMNH by buying a $1 Children’s Miracle Network Miracle Balloon or rounding up their grocery bills, with the proceeds benefiting 10 local women and children’s hospitals. Over the past 20 […]
Tag: Tops Markets
Posted inNortheast, Corporate Store News, Home Page Latest News
Tops Markets Emerges From Chapter 11 Reorganization
Tops Markets LLC has successfully completed its financial restructuring and emerged from Chapter 11. The company, which reorganized with the support of its secured creditors and the Official Committee of Unsecured Creditors, says it is emerging with “enhanced financial flexibility and (is) well positioned for long-term success,” adding that it will invest in its stores […]
Posted inNortheast
Tops Markets’ Local One Members Vote On Employee Pension Funding
United Food and Commercial Workers (UFCW) Local One, representing nearly 12,000 workers in New York, has scheduled ratification meetings Aug. 7-9 for its members on a new employee pension funding agreement between the union and Tops Markets LLC. The agreement is seen as an important milestone in Tops’ efforts to emerge in new financial restructuring […]
Posted inNortheast, Home Page Latest News
Tops Sets Up Vendor Information Website Following Chapter 11 Filing
Tops Markets has set up both a consumer and vendor website to answer questions about last week’s Chapter 11 filing and financial restructuring process. Information is available at topsrestructuring.com or by calling the information hotline, toll-free from the U.S., at 888-764-7358. Tops CEO Frank Curci has said that the company intends pay vendors in full […]
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Tops Markets Files Chapter 11 To Pursue Financial Restructuring
Tops Markets LLC announced Feb. 21 that it has filed for Chapter 11 bankruptcy protection and is pursuing a financial restructuring in order to eliminate a substantial amount of debt from its balance sheet. The hope is that the move will position Tops for long-term success. Tops’ portfolio of stores in Upstate New York, northern […]