Several Food Lion stores in region may be for sale
Food World, a trade publication, is reporting that some Food Lion stores may be up for sale as a result of a merger that has been approved by shareholders of the parent companies of Food Lion and Martin’s grocery stores.
Nine Food Lion stores in the region are on the list of 83 “potentially overlapping stores for sale” posted on Food World’s website, best-met.com. The nine stores are located at:
• 260 Remount Road, Front Royal
• 380 Fairfax Pike, Stephens City
• 707 Fort Collier Road, Winchester
• 2600 Valley Ave., Winchester
• 249 Sunnyside Plaza Circle, Winchester
• 190 Delco Plaza, Winchester
• 159 Grocery Ave., Winchester
• 1317 Old Courthouse Square, Martinsburg, West Virginia
• 11400 Winchester Ave., Martinsburg, West Virginia
Shareholders of the Belgian Delhaize Group and the Netherlands-based Royal Ahold approved the merger on March 14. It is expected to be finalized by mid-2016, according to Tim van der Zanden, senior director of external communications for Ahold.
“The merger is currently under review by the Federal Trade Commission and the merger remains on track for completion,” Van der Zanden stated in an email Tuesday. “It’s too early to speculate on the outcome of the FTC review process.”
According to Christy Phillips-Brown, Food Lion’s director of external communications and community relations, any stores that will be divested will not close, but will remain open as grocery stores. However, the name under which they operate could change, she stated Tuesday.
Contact staff writer Nathan Budryk at 540-465-5137 ext. 155, or email@example.com