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Trader Joe’s to open at Patriot Place
Foxborough, Mass. -- Trader Joe's announced plans to open a new grocery store at Patriot Place, located in Foxborough, Mass., in 2012.
The 16,000-sq.-ft. store will be Trader Joe’s 18th Massachusetts location, and the only within a 15-mile radius of Foxborough. Trader Joe’s has leased existing space in Patriot Place’s South Marketplace between Christmas Tree Shops and Staples.
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Safeway sells 16 Genuardi’s stores to Giant Food Stores
Pleasanton, Calif. -- Safeway Inc. is exiting the Philadelphia market. The company announced it has reached a definitive agreement to sell 16 of its Genuardi's stores in the greater Philadelphia area to Giant Food Stores, LLC, a division of Ahold USA.
The deal is valued at $106 million.
In addition, Safeway plans to close three Genuardi's stores and sell the remaining eight Genuardi's stores, which it will continue to operate while it is working with potential buyers.