Weis Markets agrees to buy 38 Food Lion stores
Store conversion process to take place in fall
Weis Markets announced Thursday it has reached an agreement with Food Lion to purchase the assets of 38 Food Lion supermarkets in Maryland, Virginia and Delaware.
Weis officials said they plan to complete the purchase of these locations pending regulatory approval.
"This transaction provides us the opportunity to expand into markets that are contiguous to our current trade area, particularly in Maryland, where we are adding 21 stores, essentially doubling our store count in a state where we have steadily grown in recent years," said Weis Markets chairman, president and CEO Jonathan Weis. "We're also looking forward to expanding our operations into two adjacent states with the addition of 13 stores in Virginia and four in Delaware."
Weis Markets expects to complete the conversion process for the majority of the stores in September and October and is interested in hiring current Food Lion store teams for the purchased locations.
"We look forward to interviewing and hiring team members who share our commitment to offering an industry-leading combination of value, quality and customer service," Weis said.
This is Weis' second major acquisition in 2016. In May, it announced plans to purchase five Mars Super Markets in Baltimore County, a deal expected to close later this summer.
When both purchases are complete, Weis Markets will have increased the number of its operating stores by more than 25 percent and will operate 202 stores in seven states: Pennsylvania, Maryland, Virginia, New York, New Jersey, Delaware and West Virginia.
Here is a list of Food Lion store locations that Weis Markets intends to purchase:
NO. | ADDRESS | CITY | STATE |
2565 | 17232 N. Village Main Blvd. | Lewes | DE |
960 | 24832 John J. Williams Hwy. | Millsboro | DE |
1321 | 36731 Old Mill Road | Millville | DE |
488 | 19287 Miller Road | Rehoboth Beach | DE |
1356 | 15789 Livingston Road | Accokeek | MD |
784 | 45315 Alton Lane | California | MD |
2515 | 20995 Point Lookout Road | Callaway | MD |
2598 | 5896 Robert Oliver Place | Columbia | MD |
1549 | 15300 McMullen Hwy. SW | Cumberland | MD |
1289 | 219 Marlboro Ave. | Easton | MD |
1315 | 3261 Solomons Island Road | Edgewater | MD |
1324 | 6375 Monroe Ave. | Eldersburg | MD |
1529 | 6551 Waterloo Road | Elkridge | MD |
1187 | 17600 Old National Square Pike | Frostburg | MD |
1345 | 16567 South Frederick Road | Gaithersburg | MD |
1477 | 883 Russell Ave. | Gaithersburg | MD |
1168 | 100 Drury Drive | La Plata | MD |
1210 | 19 St. Mary’s Square | Lexington Park | MD |
2606 | 210 H G. Trueman Road | Lusby | MD |
1387 | 12100 Central Ave. | Mitchellville | MD |
2535 | 9251 Lakeside Blvd. | Owings Mills | MD |
1526 | 750 Prince Frederick Blvd. | Prince Frederick | MD |
786 | 10 Village Center Road | Reisterstown | MD |
1443 | 13300 H. G. Trueman Road | Solomons | MD |
1535 | 5715 Crain Hwy. | Upper Marlboro | MD |
250 | 505 Meadowbrook Shopping Center | Culpeper | VA |
1567 | 540 Culpeper Town Mall | Culpeper | VA |
1235 | 10601 Spotsylvania Ave. | Fredericksburg | VA |
419 | 10611 Courthouse Road | Fredericksburg | VA |
2583 | 10871 Tidewater Trail | Fredericksburg | VA |
358 | 282 Deacon Road | Fredericksburg | VA |
450 | 4153 Plank Road | Fredericksburg | VA |
1043 | 515 Jefferson Davis Hwy. | Fredericksburg | VA |
1579 | 7100 Salem Fields Blvd. | Fredericksburg | VA |
1243 | 736 Warrenton Road | Fredericksburg | VA |
1177 | 9801 Courthouse Road | Spotsylvania | VA |
1166 | 2612 Jefferson Davis Hwy. | Stafford | VA |
578 | 905 Garrisonville Road | Stafford | VA |