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Stop Shop To Shutter Underperforming Stores

Stop & Shop to Shutter Underperforming Stores

Announcement Follows Similar Closures by Other Legacy Retailers

Stop & Shop, a supermarket chain with nearly 400 stores in the Northeast, has announced plans to close a number of underperforming locations. The news comes amid a wave of closures by legacy retailers, including Rite Aid and Family Dollar, as the industry grapples with changing consumer habits and increased competition from online retailers.

Closures in Massachusetts, New York, and Beyond

Dutch-based Ahold Delhaize, the parent company of Stop & Shop, announced the closures during an investor meeting last week. The company did not specify how many stores would be affected, but it has identified 397 locations across its four-state footprint.

In Massachusetts, where Stop & Shop has its largest presence, 125 stores are set to close. New York, Connecticut, and New Jersey will also see closures, with 100, 88, and 57 stores affected, respectively.

The closures are part of a broader effort by Ahold Delhaize to improve the performance of its Stop & Shop stores. The company has been struggling with declining sales and increased competition from discount retailers like Aldi and Lidl.

The news of the closures is likely to impact thousands of Stop & Shop employees. The company has not yet announced any plans for layoffs, but it is expected that some workers will be affected.


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