Weis Markets to acquire two Sunnyway supermarkets in Pennsylvania, US [Yahoo! Finance]
Weis Markets, Inc. (WMK)
US:NYSE Investor Relations:
weismarkets.com/financial-information
Company Research
Source: Yahoo! Finance
Weis Markets will buy assets of Sunnyway supermarkets at 49 Warm Spring Rd in Chambersburg, Pennsylvania and 212 N Antrim Way in Greencastle, Pennsylvania. The deal will be finalised in the fourth quarter of 2024. Sunnyway president and CEO Dean Martin said: "It's been my family's pleasure to serve the wonderful people of Franklin County for over 69 years. While this move is bittersweet for us, we are comforted knowing that we leave our customers in the capable hands of Weis Markets.” Both stores will briefly close for conversion before re-opening under the Weis Markets brand. Weis Markets will retain the current associates of both stores, offering them the opportunity to interview for continued employment. The stores will introduce Sunday openings to enhance customer convenience. Financial terms of the agreement remain undisclosed. Weis Markets chairman and chief executive officer Jonathan Weis said: "Sunnyway Foods, the Martin family and its associates are known for t
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WMK
Sec Filings
- 11/5/24 - Form 8-K
- 10/22/24 - Form 8-K
- 8/8/24 - Form 10-Q
- WMK's page on the SEC website