Bottom Dollar Shutting Down, Locations Sold To ALDI
By Jim Donovan
The parent company of Bottom Dollar Food stores, Delhaize Group, has announced that it is selling its 66 store locations to ALDI Inc.
Bottom Dollar Food anticipates all stores will remain open until year-end. After that time, it will close the stores, offering its 2,220 employees severance.
"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.