5 reasons you may not see any Price Chopper or Tops supermarkets close after merger
Updated Feb 19, 2021;
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Syracuse, N.Y. Mergers are often bad news for workers. About 30% of employees are considered redundant when two companies in the same industry merge, according to the Harvard Business Review.
In the retail industry, it also often means store closings, especially when the merged companies have stores that are close to each other and compete for the same customers.
But store closings and big job cuts may not be in the offing for Price Chopper and Tops Markets when the two New York-based supermarket chains merge.