As of Oct 8, 2016, the company operated 172 stores in Upstate New York, Northern Pennsylvania and Vermont under the Tops and Orchard Fresh banners, with an additional 5 supermarkets operated by franchisees.

During fiscal 2015, the company opened 5 new stores. In the first three quarters of fiscal 2016, the company acquired 7 stores and opened 2 new stores.

The company owns 7 and leases 156 stores, and an additional 5 supermarkets are operated by franchisees. Substantially all of the Tops supermarkets are either freestanding or located in small neighborhood shopping centers where it is the marquee tenant. eMarketer estimates the average store is approximately 46,000 square feet.

TTM20152014201320122011
Stores172163158155149125
Store growth6.8%3.2%1.9%4.0%19.2%-1.6%
Total gross square feet (M)7,7957,4807,3057,2006,9906,150
Total gross square feet growth5.2%2.4%1.5%3.0%13.7%-1.1%
Avg store gross sq ft45,30045,90046,20046,50046,90049,200
Avg store gross sq ft growth-1.5%-0.7%-0.5%-1.0%-4.6%0.5%

Notes:Store sizes estimated by eMarketer based on company-reported ranges