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SCHENECTADY, N.Y. -- Neil Golub, president and c.e.o. of the Golub Corp., parent company of Price Chopper Supermarkets here, last week revealed plans to guide the Northeastern regional retailer’s growth through the year 2018, including new, expanded, and replacement stores, new warehouses, a major warehouse expansion, and the construction of a new headquarters building.
According to Golub, the chain will build new stores in Hamilton and Warwick, N.Y. and Durham and Windsor, Conn.; it will expand stores in Saratoga, Malta, and Granville, N.Y.; and build replacement stores in Shrewsbury, Mass. and Colonie, N.Y.
The chain is considering 30 Northeastern sites for development over the next three to four years, he said.
Golub added that the planned spurt of growth includes building new facilities; replacing, remodeling or expanding existing facilities; acquisitions; and new businesses. Further growth is limited only by the company’s ability to provide its stores with fresh product daily, Golub added.
To deal with the sales and distribution requirements generated by the new retail facilities, Golub said the company plans to boost warehouse space by 524,000 square feet in and around government-controlled wetlands on the Price Chopper's Rotterdam, N.Y. campus.
This expansion will include an 89,000-square-foot addition to the perishables warehouse, a 100,000-square-foot addition to the grocery warehouse, construction of a new 40,000-square-foot resource recovery center, and construction of a new 275,000-square-foot general merchandise warehouse.
Further, to accommodate the warehouse expansion that will develop every available acre on the Rotterdam campus, Golub said that Price Chopper would replace its current headquarters with a new six-floor 240,000-square-foot main office at College Park North.
The property, which will house Price Chopper's headquarters exclusively, encompasses 9.5 acres, with 800 parking spots planned. Price Chopper v.p. public relations & consumer services Mona Golub told Progressive Grocer that groundbreaking on that structure was scheduled for fall 2008, with the completed building slated to open in fall 2009. The headquarters will incorporate energy efficient design and green technologies, with the aim of earning LEED certification.
Price Chopper operates 116 stores in six Northeastern states, and employs over 24,000 associates who collectively own over 50 percent of the company. The retailer is currently celebrating its 75th anniversary.