Supermarket chain Stop & Shop will close almost three dozen “underperforming” stores across the country this year. Five of the closures are in Connecticut, eight in Massachusetts, ten in New Jersey, seven in New York, and two in Rhode Island. “As we announced in May, 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,” said Gordon Reid, president of Stop & Shop.
After the closures are completed, Stop & Shop will retain 115 stores in Massachusetts, 91 in New York, 81 stores in Connecticut, 47 in New Jersey, and 25 in Rhode Island. The firm employs 54,000 people across the United States. Stop & Shop said that associates impacted by closures will be offered other opportunities within the company.
“Our associates are a strong community dedicated to growing and working together, and all of our store associates will continue to have a place in the Stop & Shop family as we look forward to serving customers at other nearby locations,” Mr. Reid said. While Stop & Shop has committed to shutting down stores by November, the firm has not revealed the exact dates of the closures.
The retail chain claims it will “communicate specific store closing dates to local customers well in advance of any store closures.” The company said it has completed over 190 store remodels since 2018, with these stores outperforming others that are yet to be remodeled. T.
