Bottom Dollar Food Stores To Close By Year’s End And Be Sold To Aldi

The Belgium-based owner of Bottom Dollar Food stores plans to close its 66 store locations in Pittsburgh and Philadelphia markets and sell the assets to discount food competitor Aldi Inc. for about $15 million.

Aldi said the purchase is part of an expansion plan that will add 650 stores nationwide by the end of 2018.

Delhaize Group of Brussels said all stores are expected to remain open as Bottom Dollar Food stores until yearend. After that, banner will be retired. The sale of stores and leases to Aldi is expected to be completed by March 31.

Read more: http://triblive.com/business/headlines/7104718-74/aldi-stores-bottom#ixzz3ILGhsZ8R
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One comment on “Bottom Dollar Food Stores To Close By Year’s End And Be Sold To Aldi

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