A slew of stores from East Coast grocery chain, Stop & Shop, are closing. On July 12, the grocer it will close 32 underperforming stores by the end of 2024. The chain is making the move to “position the company for growth,” according to the press release.
Stop & Shop says it will continue to have a “strong presence” across the five states it operates in with more than 350 stores staying open. The company also notes that associates at impacted locations will be offered other opportunities within the company. “Stop & Shop is proud of the deep roots and community ties we have developed as a neighborhood grocer of more than 100 years, and we remain committed to nourishing our associates, customers and communities,” said Stop & Shop president Gordon Reid.
Parent company — which also owns the Food Lion and Giant grocery chains — first in May that it was making the move to reduce its Stop & Shop footprint after evaluating the chain’s overall store portfolio. Stop & Shop says in its press release that while the news is difficult to deliver, the company is proud to retain its associates and invest in its growth. “Since 2018, we have completed more than 190 store remodels, with the customer shopping experience in mind and these stores are outperforming other Stop & Shop stores that haven’t been remodeled,” a Stop & Shop representative tells TODAY.
com via email. “We recently opened our in Allston, which is a great example of how we are taking a mindful approach.