RICHMOND, Va. -- Twenty Richmond-area Martin's stores will be sold following the mergers of the companies that owned both Martin's and Food Lion, according to a report in the supermarket industry publication Food World.
Ahold [owner of Martin's] and Delhaize [owner of Food Lion] announced merger plans last June. The merger was approved earlier this month.
"The companies have apparently decided to sell 20 Martin’s units in the Richmond area and will keep about 45 Food Lion stores open in that market, essentially pulling the plug on the former Ukrop’s stores it acquired in 2010 for $140 million,"Food World reported. "Those stores would seemingly represent an overlap issue for the Federal Trade Commission (FTC) which has yet to make its divestiture list public before we went to press."
The stores Food World identified as "overlapping" include:
253 N. Washington Hwy Ashland, VA
12601 Jefferson Davis Hwy Chester, VA
6401 Centralia Rd. Chesterfield, VA
3107 Boulevard #15 Colonial Heights, VA
10150 Brook Rd Glen Allen, VA
9645 W. Broad Glen Allen, VA
10250 Staple Mill Rd Glen Allen, VA
13700 Hull Street Rd. Midlothian, VA
200 Charter Colony Pkwy Midlothian, VA
3522 W Cary St, Richmond, VA
10001 Hull St. Rd. Richmond, VA
3460 Pump Rd Richmond, VA
2250 John Rolfe Pkwy Richmond, VA
7045 Forest Hill Ave Richmond, VA
5700 Brook Rd Richmond, VA
7055 Three Chopt Richmond, VA
11361 Midlothian Tpke Richmond, VA
4591 South Laburnum Ave Richmond, VA
5201 Chippenham Crossing Ctr. Richmond, VA
1015 Richmond Ave. Staunton, VA
Representatives for Martin's and Food Lion would not comment on the Food World report and instead issued the following statement:
Ahold USA, Inc., parent company of GIANT/MARTIN'S, continues to work toward the successful completion of the proposed merger between Ahold and the Delhaize Group. The merger is currently under review by the Federal Trade Commission and remains on track for completion in mid-2016. As part of any merger approval process where there may be store divestitures, store visits may be conducted by potential buyers but it's too early to speculate on the outcome of the FTC review process.
With nearly 4,000 full-time employees, Food Lion was ranked among the Top 10 local employers, according to a list compiled by the Richmond Times Dispatch. Martin's was not on the list.
Late last year, Martin's announced the grocery store chain would close three Richmond-area stores in 2016 because of expiring leases.
Those stores included:
- 3330 South Crater Road in Petersburg
- 7324 Bell Creek Road in Mechanicsville
- 3000 Stony Point Road in Richmond
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