Price Chopper and Market 32 purchase former ShopRite assets

To further solidify its presence in New York’s Capital Region, Price Chopper/Market 32 announced today that it has just finalized the purchase of the leases, store equipment and fixtures of the five former ShopRite stores in the Capital Region with a desire to expand its local fleet of Market 32 stores.

“Our Market 32 brand has been extremely well received and this gives us an excellent opportunity to expand our footprint in the Capital Region, provide our customers with the shopping experience they are looking for and our teammates with career growth opportunities right here in our hometown,” said Blaine Bringhurst, Price Chopper/Market 32 president, who celebrated the grand reopenings of the chain’s 39th and 40th Market 32s in Rutland and West Rutland, Vermont last month. 

While the company is still evaluating all its options, it plans to convert the current ShopRite stores in Niskayuna and North Greenbush into Market 32s. The Slingerlands location, which sits directly across the street from an award-winning Market 32, will be marketed for sublease. As discussions with landlords in Albany and Colonie continue, decisions will be made about the future of those properties and the current Price Chopper/Market 32 stores which are located nearby in Westgate and Colonie Plazas. Current teammates will be given priority in staffing whichever of the locations are ultimately occupied.

All told, the new Market 32 stores would create more options for customers, provide existing teammates with an opportunity to transfer to a more convenient location, and may create new opportunities once the stores open. Price Chopper/Market 32 does not intend to operate the gas stations.

“Price Chopper/Market 32 is excited about the prospect of growing scale right here in New York’s Capital Region, where we’ve been serving customers for more than 90 years. We have always been and will remain an employer of choice for our valued teammates. We are here to stay and will continue to invest in modernizing our stores, providing opportunities to our workforce, delivering an exceptional shopping experience to our customers, and supporting the community around us,” said Bringhurst.

Based in Schenectady, NY, Price Chopper/Market 32 operates 130 Price Chopper and Market 32 supermarkets and one Market Bistro, employing 18,000 teammates in New York, Vermont, Connecticut, Pennsylvania, Massachusetts, and New Hampshire.