Weis to buy 38 Maryland, Virginia, Delaware Food Lion stores

Posted at 2:45 PM, Jul 14, 2016
and last updated 2016-07-14 18:45:14-04
SUBNBURY, Pa. (AP) -- Weis Markets is purchasing the assets of 38 Food Lion supermarkets in Maryland, Virginia and Delaware.
The Sunbury, Pennsylvania-based company announced plans for the purchase Thursday. The company says regulatory approval is pending but it plans to convert most of the stores in September and October. It is interested in hiring Food Lion teams at the purchased locations.
Chairman, president and CEO Jonathan Weis says this gives the company a chance to expand into contiguous markets, particularly in Maryland, where it is adding 21 stores. The company is adding 13 stores in Virginia and four in Delaware.
In May, Weis announced plans to purchase five Baltimore County Mars Super Markets. When both purchases are complete, Weis Markets will operate 202 stores in seven states.