Tops Markets intends to close 10 underperforming stores by November 2018, including stores in Geneva, Lyons and Perinton.
The closures are part of the company's financial restructuring process, a process to help the company emerge from bankruptcy.
Among those closing are five in Ontario, Wayne and Monroe counties: 381 Hamilton St., Geneva; 33 Forgham St., Lyons; 6720 Pittsford/Palmyra Road, Perinton; 175 N. Winton Road, Rochester; and 710 Lake Avenue, Rochester.
The company intends to file a motion with the U.S. Bankruptcy Court. The company is seeking authority to assume the leases of continuing stores, reject leases and conduct store closings at the 10 underperforming locations.
"The vast majority of our stores are profitable and we are seeing strong customer support continue to drive growth in these locations," stated CEO of Tops, Frank Curci. "That said, there are a few stores that are not performing to our standards, due to a number of factors including location, store size, lack of visibility, and lease costs."
The company's public and media relations manager, Kathy Romanowski-Sautter, left this statement following Thursday's closure announcement:
"We recognize the important role that our associates play in driving our success and serving our customers and our communities. We will treat affected associates fairly and with the respect that they deserve. Importantly, we have many openings across our chain of stores and to the extent possible, we will work with impacted associates to find them placement at nearby store locations.”