McCaffrey’s has pushed back its expected opening date, owner Jim McCaffrey told Patch Tuesday. The family-owned supermarket chain is opening its fourth store in the Village at Newtown Shopping Center where is currently located.
McCaffrey said he expects Genuardi’s to close for good on July 5. McCaffrey’s will likely settle on the purchase of Genuardi’s the next day, he said.
The store will then be closed for cleaning and restocking with an expected reopening date of Sunday, July 15, McCaffrey said. The store will undergo renovations once it opens.
Earlier this month, McCaffrey said he thought the new location would be open by the first weekend in July.
McCaffrey’s, which has locations in Yardley, Princeton, N.J. and West Windsor, N.J., specializes in prepared foods and natural and organic options, McCaffrey said. McCaffrey opened his first store, the location in Yardley, in 1986.
McCaffrey said he hopes to retain as many current Genuardi’s employees as possible. .
, however in order to obtain regulatory clearance from the Federal Trade Commission to operate 15 other stores in the Philadelphia region.
In January, Giant announced its plans to purchase 16 Genuardi’s stores in the Greater Philadelphia region, including the one in Newtown. However, the deal was subject to FTC approval.
The FTC, the federal agency billed with regulating consumer protections, approved the sale of 15 Genuardi’s stores to Giant. The Newtown location was the only store that was not approved as part of the deal.