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Ahold announced yesterday that it plans to divest 204 convenience stores owned by its Tops Markets subsidiary as part of its plan to sell off non-core businesses in the wake of its billion-dollar accounting scandal.

The stores are operated under several banners: 127 as Wilson Farms Neighborhood Food Stores, 67 as Sugarcreek Stores, and 10 as Tops Xpress units. There are about 2,100 people employed by Tops in its c-store division.

No time frame has been established for the sale, though it can be assumed that "ASAP" might be Ahold's preference. A likely price tag was not announced.
KC's View:
This has been the subject of some speculation, so the c-store sell-off isn’t a huge surprise.

You have to wonder, though, what else Ahold might be planning to sell.