SuperValu bids on Superfresh store
A&P has announced that they have sold 12 of the 25 Superfresh stores that were up for sale in the Maryland and Washington DC areas. The company will close the remaining 13 stores for which buyers could not be found. The news was reported on yahoo's finance site. Closings are scheduled for July and 1,500 people will be losing their jobs. There's a very interesting twist at the end of the article... SuperValu has placed a bid in the Superfresh store in Elliot City, MD...
Location: 3301 North Ridge Road, Elliot City MD
Walmart in the upper left-hand corner. What would SuperValu want with this location? A Sav a Lot would barely take up a third of the building leaving a costly reconfiguration of the property and the need for additional tenants to justify purchasing the building. The only other SuperValu banner in this region is Acme and they wouldn't putting one of those right next to a Walmart. Hmmmm. Any ideas why they're bidding on this buidling? You can jump to the article on yahoo by clicking here.
Update 6.1.11: If the purchase goes through, the Elliot Superfresh will become a Shoppers Food and Pharmacy. I stand corrected! Shoppers Food is SuperValu's banner in that area. Additional details can be found at ElliotCityPatch.com