A well-liked supermarket company has recently confirmed that, by year’s end, there will be unannounced closures throughout the Northeast.
The grocery store chain Stop & Shop has declared that it will close 32 underperforming stores nationwide.
According to the corporation, a few stores in the Northeast will close before the year is over.
By November 2, stores in Rhode Island, Massachusetts, New York, Connecticut, and New Jersey will close.
The corporation made the impending store closings known in May.
According to a press release dated July 12, company president Gordon Reid stated, “Stop & Shop has evaluated its overall store portfolio and made the difficult decision to close underperforming stores to create a healthy base for the future growth of our brand.”
The head of the company went on to say that the closures were necessary “to create a healthy base for our brand’s future growth.”
Thankfully, a press release states that workers would be offered new roles inside the organization.
SEE MORE –
Closing Maybe Soon! Popular Retailer to Shut Down Almost 40 Locations
According to Fox affiliate KRLD, the grocery shop first opened its doors in 2014 and presently employs 60,000 people across 400 locations.
Ahold Delhaize is the company that owns Stop & Shop, Food Lion, Giant Food, and Hannaford.
Which supermarket chains are going out of business?
Ten sites will close in New Jersey and only seven in New York.
Massachusetts, the state where the original site is located, will close eight, while Rhode Island will close two.
Connecticut will also see the closure of five locations.
Traditional grocery businesses have been marginalized as newer chains like Walmart and Amazon enter the market, according to The Sun.
Stop & Shop anticipates “future growth” for the business as a result of closing underperforming locations.
Make sure to enable push notifications for additional information on shop closures and updates like this.
