Genuardi's to Become McCaffrey's, Not Giant

The Genuardi’s in Newtown will become a McCaffrey’s, not a Giant, according to a story published on phillyburbs.com.

According to the article, “sources familiar with the deal” told the publication that the family-owned supermarket chain would instead be taking over the space.

On Friday, Christopher Brand, a Giant spokesman, told Patch there was “nothing to announce at this time regarding our agreement with Safeway to purchase 16 Genuardi's stores.” Brand went on to say that Giant was awaiting a decision from the Federal Trade Commission.

Sources from the FTC, when contacted recently, said they had no information to share regarding the deal. According to FTC officials, the official determination on the Genuardi’s to Giant deal hasn’t been released.

In January, Giant announced its plans  to purchase 16 Genuardi’s stores in the Greater Philadelphia region, including the one located in the Village at Newtown Shopping Center.

Giant recently completed a renovation of its store in Middletown Township, located off the Newtown Bypass in the Summit Square Shopping Center. Giant already has several locations in Bucks County, including Yardley, New Hope, Levittown, Southampton and Morrisville.