It was one year ago (October 8, 2010) that Food Lion opened its first area Bottom Dollar store in King of Prussia, PA. Since then, 21 more Bottom Dollar stores in the Greater Philadelphia market have opened. In that same time period, many companies, including Supervalu (Acme), Safeway (Genuardi’s) and A&P (Pathmark, Super Fresh) have closed several stores.
According to a Bottom Dollar press release, the company has created nearly 1,000 jobs in the Philadelphia area. It operates 50 stores from New Jersey to North Carolina, with almost half of them in Pennsylvania and New Jersey. More Bottom Dollar food stores are expected to open later this year.
More “Running with Equity Retail” blog posts about Bottom Dollar:
July 2011: Bottom Dollar confirms 14 stores for Pittsburgh
November 2010: I stopped in the North Wales Bottom Dollar Food Store
November 2010: The subtle differences between Bottom Dollar, Aldi and Save-A-Lot