Bottom Dollar to sell stores to Aldi

SALISBURY, N.C. (WYTV) – Delhaize Group, the parent company of Bottom Dollar Food, announced Wednesday that it has entered into a transaction to sell Bottom Dollar Food’s 66 store locations and associated lease liabilities to ALDI Inc.

As a result of the transaction, Delhaize Group will no longer operate in the discount segment of food retail in the United States. The transaction is expected to close during the first quarter of 2015.

At this time, Bottom Dollar Food anticipates all stores will remain open until year-end. After that time, Bottom Dollar Food will close the stores and retire the banner’s operations. Upon the closing of stores, Bottom Dollar Food will offer every associate severance, and eligible associates will be offered career transition services.

“This decision was difficult given the impact on our associates, customers and communities in which we operate,” said Gene Faller, vice president of retail operations for Bottom Dollar Food. “We want to thank our associates, customers and communities for their support over the past four years.”

Bottom Dollar Food opened its first store in King of Prussia, Pa., on Oct. 8, 2010, and currently has 46 stores in greater Philadelphia, Pa., and 20 stores in greater Pittsburgh, Pa. with three stores in Youngstown, one in Warren and one in New Castle. Bottom Dollar currently employs about 2,200 associates.

Here are the five Bottom Dollar locations in the Valley.

Bottom Dollar Food
1700 Wilmington Rd.
New Castle, PA 16105

Bottom Dollar Food
1756 North Road SE
Warren, OH 44484

Bottom Dollar Food
890 East Midlothian Blvd.
Youngstown, OH 44502

Bottom Dollar Food
2649 Glenwood Ave, Unit 1
Unit #1
Youngstown, OH 44511

Bottom Dollar Food
3377 Mahoning Ave
Youngstown, OH 44509

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