![]() "It's never easy to close a store, and we rarely do, but we have an obligation to make business decisions that suppport the company's continued health and growth," said Golub. announced a five-year $300 million rebranding and renovation of its properties into "Market 32," connoting the company's anniversary date, for at least half its stores. The first of the new stores opened in Pittsfield and often featured 24-hour service.īy 2014, the regional chain operated 135 stores in six states with more than 22,000 employees. It was switched to Price Chopper Supermarkets in 1973, and was notable at the time for its logo: an axe splitting a Morgan dollar coin. Golub Corp., based in Schenectady, N.Y., dates to 1932, and began expanding what was then the Central Markets chain in the 1950s. Price Chopper also operated in the former North Adams Plaza on Curran Highway, taking the place of the original Shopwell Supermarket, in the mid-1970s until the 1990s. Golub said no decisions had been made about supermarket's space at this point. The plaza is owned by Golub Corp., as North Adams Realties Corp., and also contains a Rent-A-Center and the Oriental Buffet. "They have very, very good price points." "I think that section of town can sustain a market that size," Alcombright said, adding he often shops for his mother there. The mayor thought the small size and loyal clientele could sustain the market and said he told Golub that. For many of those folks, transportation is a huge barrier. "The folks I feel for are the folks at Greylock and Brayton Hill. there's the quaintness of the market, like a family grocery," he said. "It is kind of the last neighborhood market in the city. He said it was a sad day for the workers and the many residents of the West End who have depended on the grocery for years. Mayor Richard Alcombright said he learned of the closure this morning and had spoken with Golub about opportunities for employees. Severance pay is also being offered upon the length of service. The company is also offering some openings to its closest locations for those willing to make the drive to Pittsfield or Bennington, Vt. "We are offering professional outplacement services," she said. ![]() ![]() "What was viable in 1959 doesn't necessarily work today." The store was not viable property to be renovated into the company's new Market 32 brand, said Golub, speaking by phone. The store was opened by Golub's grandfather, William Golub, in 1960, under the Central Markets name. "After thoroughly reviewing the store's current and future viability, we've concluded that closure is the appropriate action to take with this location." "Price Chopper has a long history in the North Adams community and we value the relationships that we've built with our customers, local community partners and teammates," said Mona Golub, vice president of public relations and consumer services, in a statement posted on Price Chopper's website late Monday afternoon. The Price Chopper on State Road is expected to close by the end of the month, putting some 57 mostly part-time employees out of work.Įmployees were reportedly informed Monday morning that the nearly 60-year-old supermarket would close on Feb. Broadview FCU NMLS Identifier: 458314.Staff Reports 02:28PM / Monday, FebruPrint Story | Email Story HOA address: 4 Winners Circle, Suite 201, Albany NY, 12205. Both are Licensed Mortgage Bankers – NYS Dept. Mortgage products in New York State only and offered by our Mortgage Teams, Homeowners Advantage (HOA) and SEFCU Mortgage Services (SMS), which are subsidiaries of Broadview FCU. If an escrow account is required or requested, that payment does not include insurance and taxes and the payment may be greater. ![]() Rates are based on a purchase or no cash out refinance, cash out options may affect your rate. Quoted rates may include the requirement of Broadview membership at the time of loan disbursal and selection of our Automatic Payment Plan. Rates are accurate as of and are subject to change without notice. Representative payment for a 30 year fixed mortgage at 6.625% with a 6.785% APR is $6.51 per $1,000 borrowed. All rates quoted are the lowest available rates, actual interest rate will be based on overall credit worthiness.
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