SUNBURY, PA - Strengthening both its geographical footprint and its focus on local offerings, Weis Markets is targeting a Pennsylvania expansion with its latest deal. The retailer recently entered into an asset purchase agreement with Sunnyway Foods, unveiling plans to purchase certain assets of two of the company’s supermarkets in Chambersburg and Greencastle, Pennsylvania.
"Sunnyway Foods, the Martin family, and its associates are known for their service and dedication to their communities," said Jonathan Weis, Chairman and Chief Executive Officer of Weis Markets. "As a company with a strong local focus, our goal is to build upon this strong foundation. We look forward to interviewing the associates of these stores for employment with our company."
The transaction is currently expected to close during the fourth quarter of 2024. As a press release noted, both Sunnyway locations will briefly close for conversion and reopen as Weis Markets.
Following the transaction, Weis Markets plans to interview the current associates of both stores who are interested in employment. In addition, the stores will now open on Sundays for customer convenience as part of the transition.
"It's been my family's pleasure to serve the wonderful people of Franklin County for over 69 years," stated Dean Martin, Sunnyway's President and Chief Executive Officer. "While this move is bittersweet for us, we are comforted knowing that we leave our customers in the capable hands of Weis Markets.”
ANUK will continue to monitor the impacts of this strategic deal, so stay tuned.
