Stop & Shop closing 32 underperforming grocery stores in the Northeast

[mahatmakanejeeves]

BUSINESS
Stop & Shop closing 32 underperforming grocery stores in the Northeast

Image
FILE - People walk outside a Stop & Shop in Newport, R.I., Feb. 13, 2012. R.I. (AP Photo/The Daily News, Dave Hansen)

BY DEE-ANN DURBIN
Updated 2:10 PM EDT, July 12, 2024

Stop & Shop said Friday it will close 32 underperforming grocery stores in the Northeast U.S. by the end of the year.

The chain, which is owned by the Dutch supermarket company Ahold Delhaize, said it will close 10 stores in New Jersey, eight stores in Massachusetts, seven stores in New York, five stores in Connecticut and two stores in Rhode Island.

The company said employees at affected stores would be offered other jobs within the company. Asked by The Associated Press how many people are employed at the 32 stores, Stop & Shop wouldn’t say.

Stop & Shop, which got its start in 1914 in Somerville, Massachusetts, operates around 400 grocery stores and has 60,000 employees.

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[bucolic_frolic]

1. Why does Ahold Delhaize have so many brands in the US?

Seems I recall Delhaize before merging with Ahold owned other store brands in the US, particularly in the SE US. Giant, and its two variations, and that another old time US food retailer. And Delhaize owned Bottom Dollar, which they closed entirely and sold stores to ALDI.

Ahold closes a lot of stores. Over many years but still closings.

Ahold almost went under in the Great Recession.

[jimfields33]

2. We have one in Florida. The place is nasty. Nothing like Publix at all.