Article: Tops focuses on local Market.(REPORT)(Tops Markets L.L.C.)(Brief article)

MORGAN STANLEY PRIVATE EQUITY completed its acquisition of TOPS MARKETS, LLC for $310 million from AHOLD. As a result of the completed transaction, Frank Curci was named Tops' Chief Executive Officer. Mr. Curci plans to increase the number of Tops stores by 10% over the next four to five years, as well as restore its local focus, according to The Buffalo News (Dec. 4). Approximately 100 merchandising, information technology and finance-related jobs will be created in the Buffalo area. Mr. Curci's plan of action is based on over 25 years of experience in the business, most notably as the CEO of Tops until 2003, ...

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