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Giant To Buy Genuardi's In Newtown

The Newtown location is one of 16 stores included in a $106 million transaction between Giant and Genuardi's.

 

Before long, will be Giant.

Giant, a supermarket chain headquartered in Carlisle, announced today it has entered into an agreement to purchase 16 Genuardi’s stores in the Greater Philadelphia region.

The Genuardi’s in the Village at Newtown Shopping Center is slated to be included in this $106 million transaction. Other stores include Genuardi’s in Langhorne, Jamison, Chalfont and West Chester.

Giant said it expects the deal to close within the first half of this year.

“Giant is always looking for convenient locations to better serve our customers,” said Giant President Rick Herring. “We are very excited to have the opportunity to expand our presence in greater Philadelphia and serve new customers. We look forward to providing customers with the quality, selection, and savings that they have come to expect from Giant.”

Rumors that the Genuardi’s in Newtown would be closing have been swirling for months. In November, Genuardi’s representatives told

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.

The 16 stores that Giant is purchasing from Genuardi’s include:

  • 2395 York Rd, Jamison
  • 2890 S. Eagle Rd, Newtown
  • 168 N. Flowers Mill Rd, Langhorne
  • 4275 County Line Rd, Chalfont
  • 1375 Boot Rd, West Chester
  • 830 E. Baltimore Pike, East Marlborough
  • 550 E. Lancaster Ave, St. Davids
  • 950 Baltimore Pike, Springfield
  • 50 E. Wynnewood Rd, Wynnewood
  • 1844 Bethlehem Pike, Flourtown
  • 737 Huntingdon Pike, Huntingdon Valley
  • 1121 Bethlehem Pike, Spring House
  • 310 S. Henderson Rd, King of Prussia
  • 1925 Norristown Rd, Maple Glen
  • 2350 Susquehanna Rd, Roslyn
  • 467 Sumneytown Pike, North Wales
Kara Seymour January 06, 2012 at 02:39 PM
Boro Kim -- Whole Foods never approached the township board of supervisors. There was never an application into the township. As for the old Acme site, the township approved that plan years ago. Just recently, the zoning board, (in an attempt to expedite a groundbreaking presumably) approved a parking variance that was needed for a revised plan for the site. In a nutshell, the Acme site is out of the township's hands and is McGrath's responsibility at this point.
Kara Seymour January 06, 2012 at 02:43 PM
I should add that there's a reason why Newtown is a desirable town. It's because both the township and borough pay close attention to what is actually built. It's not accidental that Goodnoe's Corner is charming or that neon signs aren't plastered everywhere. So while it might mean a little more effort of the part of the applicant, it does for the most part mean a much nicer community for us. Just a thought.
Boro Kim January 06, 2012 at 02:56 PM
Oh I agree that Newtown is desirable, I love it here and I do think that most of the choices that we have are great. It just seems from the articles read and board meetings that there seems to always be some kind of hurdle or opposition to getting something approved. Goodnoe corner was/is a great shopping center, I think that end of town is excellent! As a town, we should be soliciting greatly to get other parts of the town taken care of, Acme site (which looks like it is going through, fingers crossed), The few old dealerships that are just sitting there, and of course the plans with the proposed stocking works 2. I realized that there are always hitches in plans, towns and what not, but how about we tell stores, builders or interested suitors what we are looking for and what we absolutely do not want and have them base plans around that. I'm sure we do that to a point, but lets get this stream lined and learn to give a little too.
Boro Kim January 06, 2012 at 02:56 PM
Kara it would have been awesome IF whole foods approached us and submitted something, that would be great. But if there is such a want for whole foods, how about we send someone to THEM to tell them we want them. Surely a town board member or solicitor would have a little more clout than just someone in our town saying hey whole foods we like you and you should think about coming here. Instead I would love to see our council approach them and say hey we've got A LOT of interest in your company and would love to work with you guys in getting you here.
Lisa January 06, 2012 at 03:06 PM
@Living the Bucks Life - nobody wants to stare at another empty space for the next 15 years. I think most people just wish something else was going in that provided more selection. I hardly think we need another Giant when a huge one is on the bypass. I can't imagine the selection in a smaller location is going to be different than the big one. I too would love to see Wegmans or Trader Joe's here but I think the rent is probably too high and as someone stated earlier perhaps the opposition to increased traffic etc, makes it less desirable for those companies. I am going to miss Genuardi's because I shop there every week. Other than the occasional run to Giant, I will likely travel out to T.J's or Wegmans because they have better quality and selection.
MR January 06, 2012 at 03:18 PM
Forget Wegman's and Trader Joe's- Newtown needs a Whole Foods!! They are far superior to any other market option available to consumers. Newtown really needs to rethink its standards...
Boro Kim January 06, 2012 at 03:24 PM
I concur!! Besides where Genuardis is, is there a big enough spot in Newtown for them?
Lisa January 06, 2012 at 03:44 PM
Whole Foods is great but they are more expensive than Trader Joe's and Wegmans, plus, as Boro Kim says, the Genuardi's space is not nearly big enough for them.
bobrodo January 06, 2012 at 04:12 PM
Wegmans would want more land, while trader joes or whole foods would fit. My guess is that genurdi's wanted to unload multiple stores at once and Giant probably saw this as way to block competitors. Maybe they would listen to whole foods or trader joe's on this site would be a nice wish for some of us. As for the new Giant on bypass, it has better prices but they failed in not designing layout like a wegmans.
LA January 06, 2012 at 05:24 PM
I heard, quite a while ago, that TJ's/Whole Foods wanted to come to the old Acme site. Apparently, James Mc Craffrey didn't want the specialized competition that his markets would get from a TJ's or Whole Foods. Somehow (I don't know how) he put the kibosh on the pesky competition.
LA January 06, 2012 at 05:43 PM
Genuardi's was a terrific store, until Safeway came in and ruined it.
Virginia Hartman January 07, 2012 at 12:53 AM
It's a disgrace that Newtown will not support an Trader Joe's or Whole Foods! How many of us go to to NJ to shop because our choices are so limited in Newtown. We need the variety..and if Jim McCaffrey has a problem with that, tough.
Betsy Hunt January 07, 2012 at 12:09 PM
WHOLE FOODS...maybe Giant bought all the Genuardi's in a package deal and they will sell this site to WHOLE FOODS...PLEASE GOD!
Living the Bucks Life January 07, 2012 at 12:47 PM
Forget a supermarket - it should be a BoneFish Grill or Mortons.
LA January 07, 2012 at 03:24 PM
I think that space is big enough for TJ's or Whole Foods. The stores that are in Jenkintown and Princeton aren't any (or not much) bigger that our Genuardis. Way too small for Wegmanns though.
the VOICE January 07, 2012 at 10:14 PM
YEP !
the VOICE January 07, 2012 at 10:15 PM
Right On !
the VOICE January 07, 2012 at 10:15 PM
No it was not !
the VOICE January 07, 2012 at 10:17 PM
YES !
the VOICE January 07, 2012 at 10:19 PM
They have to WANT to come here FIRST !
the VOICE January 07, 2012 at 10:20 PM
Bonefish in Oxford Valley, go there ! Eat at one of the establishments ALREADY IN NEWTOWN !
MR January 08, 2012 at 11:04 PM
Whole Foods! Most definitely!! It doesn't matter that they are more expensive than Trader Joe's or Wegman's- their products are much, much better!! It's really a shame that so many of us are driving all the way to Princeton to take advantage of what is undoubtedly the best market around!! Trader Joe's is basically a "gourmet outlet" and Wegmen's is just a glorified, conventional super market. Whole Foods carries the highest quality foods made from whole, unprocessed ingredients. Not to mention that they support local farmers and producers which, in turn, supports the local economy! Additionally, US News and World Report, CNN, MSNBC, among many others, have consistently rated whole foods meat and seafood as being the VERY best quality available, raised in the most healthful conditions, and ALWAYS fished sustainably!! What is Newtown waiting for?? We need a Whole Foods now!!!!!!!
MR January 08, 2012 at 11:42 PM
It's not about being unhappy and whining, it's about having choices! Giant is a low quality market and one already exists in Newtown. It's not right, or modern or progressive for that matter, that a single store has a monopoly on our food selection- especially when it's a low end market like Giant.
Mary McSorley January 09, 2012 at 03:46 AM
I agree also. Wegmans or Trader Joes or Whole foods would be fantastic. Giant is very disappointing. I do not like the megatropolis one in Summet Square and now we get another one. Do they really need another one 2 miles away. hmmm. I think the one in Chalfont is considered Doylestown. Newtown is a great little town but some decisions are poor.
R U guessing ? January 09, 2012 at 05:19 PM
TAlk to the supermarkets U would like to C here, they might consider it !
Hmmmm January 09, 2012 at 09:51 PM
Jeesh. Sounds like Whole Foods has successfully sold some brand marketing "kool-aid" here. The fact is that the Genaurdi's foot print wouldn't support either Wegman's or a Whole Foods. I expect the Genaurdi's to be shuttered to drive traffic to the new Giant in Langhorne.
Hmmmm January 09, 2012 at 09:52 PM
Tell 'em, Joey!
Steve January 10, 2012 at 05:26 PM
http://www.wholefoodsmarket.com/company/realestate.php Contact Ken Bleznak 610-747-0900 610.747.0900 kenb@areg.net with site information If you have a retail location you think would make a good site for Whole Foods Market, Inc., please review the following guidelines carefully for consideration: 200,000 people or more in a 20-minute drive time 25,000-50,000 Square Feet Large number of college-educated residents Abundant parking available for our exclusive use Stand alone preferred, would consider complementary Easy access from roadways, lighted intersection Excellent visibility, directly off of the street Must be located in a high traffic area (foot and/or vehicle) Please refer to our Master Broker List to find contact information. To submit a site for consideration, please send as much of the following information as possible: Photographs (or renderings if under development/construction) Site/Building plan Information about surrounding businesses Area demographics and/or neighborhood information
MR January 10, 2012 at 06:42 PM
Whole Foods doesn't need to sell anything to anyone in terms of brand marketing- the facts speak for themselves. Furthermore, have you ever been to the Whole Foods stores in Center City Philadelphia? Neither of them is larger than the Genuardi's site in Newtown. And perhaps it's not the best location, I cannot say for sure because I do not work in commercial real estate, but I know several people who do and I have every intention of contacting Whole Foods with the appropriate information. The point here is that Whole Foods is a better market- for the environment, the local economy, and your health! I have been lucky enough to live in cities that support Whole Foods for the past 15 years of my life and can speak from personal experience that no other market comes close to offering both the selection and quality of products. Additionally, why does McCraffrey get to monopolize the grocery stores in this area- isn't that a bit archaic?
James Mayer January 14, 2012 at 01:20 AM
Peapod by Giant - home delievery.

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