Weis Markets Announces Plans to Purchase Fredericksburg Area Food Lion Stores
Weis Markets, a Mid-Atlantic food retailer, announced it has reached an agreement with Food Lion to purchase the assets of 38 Food Lion supermarket locations in Maryland, Virginia and Delaware, pending regulatory approval. The 13 Virginia stores are in Fredericksburg, Stafford, Spotsylvania and Culpeper.
Weis Markets expects to complete the conversion process for the majority of these stores in September and October 2016. The company said it “is interested in hiring current Food Lion store teams for the purchased locations.”
The 13 Fredericksburg area Food Lion store locations in this agreement are:
358 Food Lion 282 Deacon Road, Suite 106 Fredericksburg VA 22405
419 Food Lion 10611 Courthouse Road Fredericksburg VA 22407
450 Food Lion 4153 Plank Road Fredericksburg VA 22401
1235 Food Lion 10601 Spotsylvania Ave Fredericksburg VA 22405
1243 Food Lion 736 Warrenton Road Fredericksburg VA 22406
1043 Food Lion 515 Jefferson Davis Highway Fredericksburg VA 22401
1579 Food Lion 7100 Salem Fields Blvd. Fredericksburg VA 22407
2583 Food Lion 10871 Tidewater Trail Fredericksburg VA 22408
1177 Food Lion 9801 Courthouse Road Spotsylvania VA 22553
578 Food Lion 905 Garrisonville Road Stafford VA 22554
1166 Food Lion 2612 Jefferson Davis Highway Stafford VA 22554
250 Food Lion 513 Madison Road Culpeper VA 22701
1567 Food Lion 540 Culpeper Town Mall Culpeper VA 22701
This is Weis Markets’ second major acquisition in 2016. In May, it announced plans to purchase five Mars Super Markets in Baltimore County, Maryland, 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 203 stores in seven states: Pennsylvania, Maryland, Virginia, New York, New Jersey, Delaware and West Virginia.
Founded in 1912, Weis Markets, Inc. is a Mid Atlantic food retailer operating 162 stores in Pennsylvania, Maryland, New Jersey, New York and West Virginia. For more information, visit: WeisMarkets.com or Facebook.com/WeisMarkets.
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