Locations
Price Chopper currently operates over 125 stores in Upstate New York, Connecticut, Pennsylvania, Vermont, Massachusetts, and New Hampshire. Its locations are all serviced from the same warehouse in Rotterdam, New York. Price Chopper's primary market is still the Capital District of New York, where about one-third of its store base is located. Other major markets for Price Chopper include Utica, Syracuse, Binghamton, and the Mid-Hudson Valley in New York, as well as Scranton, Pennsylvania, Worcester, Massachusetts, and Burlington, Vermont. Price Chopper primarily competes with Hannaford, Shaw's, and Stop & Shop in the eastern portion of its trading area, while facing competition from Wegmans, and Tops Markets (currently under change from Penn Traffic storefronts) in the west, and ShopRite, Stop & Shop and Pathmark in the south.
The Golub Corporation, a leading employer in the Capital District of New York, is 55% employee-owned, with the other 45% remaining in the hands of the Golub family. President and CEO Neil Golub is a well-known philanthropist in the region. Price Chopper's charitable arm, the Golub Foundation, sponsors many special events such as the Empire State Plaza's annual Independence Day celebration in Albany, New York.
On November 7, 2006 it was announced that Price Chopper may buy the Buffalo, New York based Tops Supermarket chain from Ahold USA or a significant amount of their stores. This never happened, although in 2010, Price Chopper instead would purchase six stores from Tops that used to be P&C Foods.
The former Waterbury, CT location closed in June 2008 and the location was purchased by rival chain ShopRite. This marked a step back for the Price Chopper chain in a highly competitive area where another chain grocery store, Shaw's of Waterbury, also closed in September 2007. All of Price Chopper's remaining stores in Connecticut have so far been successful despite being a relatively new name to the region.
Read more about this topic: Price Chopper Supermarkets