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Article: Edison, N.J.-Based Appliance Retailer to Buy Kitchen Cabinet Supplier.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- May 26, 1999
- Author:
CopyrightCOPYRIGHT 1999 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Knight Ridder/Tribune Business News
May 27 -- EDISON, N.J. -- Instead of just selling kitchen cabinets in its stores, Tops Appliance City has bought the outfit that makes the woodwork.
Tops announced yesterday it plans to buy The Kitchen Place, the company that already stocks the appliance store's kitchen center. Terms of the agreement were not disclosed, but the deal is expected to close in June.
"During the time that Tops has been working with The Kitchen Place, we have found that sales of kitchen cabinets provide a natural synergy with the selling process of high-end major appliances," said Richard Jones, Tops' chief executive officer.
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