Publix Super Markets is expanding further into Virginia by purchasing 10 Martin’s Food Markets in the state, according to a news release.
The Lakeland-based grocer announced it will buy 10 Martin’s Food Markets from Ahold USA Inc.’s affiliate Giant/Martin’s and convert them to Publix stores. The purchase is contingent on the Federal Trade Commission’s approval of the merger between Ahold and another grocery chain, Delhaize Group.
“Acquiring these 10 locations aligns with Publix’s aggressive growth plan for the commonwealth of Virginia,” said Todd Jones, CEO and president of Publix, in a statement. “We are looking forward to providing Virginians with the high-quality service and products our customers have come to expect and have earned us recognition throughout the industry.”
The 10 stores are in Richmond, Glen Allen, Colonial Heights, Henrico and Midlothian.
Last week, Publix Super Markets Inc. purchased 19.5 acres of property surrounding its Bayshore Gardens store at the corner of U.S. 41 and 60th Avenue West in Manatee County. The purchase totaled $42 million, according to Manatee County property records.
Publix announced in February that the company would expand into Virginia by opening two stores. One will open in the Bristol area by the end of the year and another in Glen Allen will open early in 2018. The two stores will be Publix’s first in Virginia, which becomes the company’s seventh state of operation.
The 10 Martin’s Food Markets locations will continue to operate under that name until the Publix permitting process is completed, according to a news release. Grand opening dates for the converted stores in all locations will depend on how long the remodel process takes.
Publix has been steadily expanding up the East Coast in recent years. In September 2012, the company announced it would open stores in North Carolina. The first store opened there in February 2014. Publix’s plans in Virginia show it will continue its growth in the Southeastern states. Publix currently has stores in Florida, Georgia, Alabama, Tennessee, South Carolina and North Carolina.