WILLIAMSVILLE – Tops Markets reports it has completed its financial reconstruction under Chapter 11 bankruptcy and is looking forward to offering new services to find a financial future.
The Grocery Chain said Monday they reduced its debt load by $445 million and resolved labor and pension issues that caused problems for the company when it filed for bankruptcy earlier this year.
The company plans to offer new services including ‘Tops Grocery Pick Up,’ which allows shoppers to place orders online and select a pick-up time at the store of their choice.
In August, Tops announced it will close 10 under preforming stores. None of those locations are in Western New York. The company reports it found positions at other stores for all 600 associates affected by those closures.
Tops now has 159 locations in Upstate New York, Northern Pennsylvania and Vermont.
