Stop & Shop has released a list of 32 stores they are planning to close this year.
And the footprint of the Northeastern supermarket chain in Connecticut, with 5 stores slated to close in the state. The company said the stores will close by Nov. 2.
“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 Gordon Reid, President, Stop & Shop in a press release. “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.”
In May, corporate parent company Dutch-based Ahold Delhaize of Stop & Shop told investors that it plans to close underperforming locations. Chief executive for the United States JJ Fleeman said the company would be taking into account brand density, the position each store holds in the market and how well it performs.
What Stop & Shop stores are closing in Connecticut?
The following stores are closing in Connecticut, according to the press release:
- Ansonia: 100 Division St.
- Torrington: 211 High St. (931 Torringford St., Torrington will remain open)
- Stamford: 1937 West Main St.(2200 Bedford St., Stamford will remain open)
- Milford: 855 Bridgeport Ave.(1360 East Town Road, Milford will remain open)
- Danbury: 72 Newtown Road (44 Lake Avenue Ext., Danbury will remain open)
The exact date of the store closures has not been announced yet.
How many Stop & Shop locations are there?
As of July 2024, Stop & Shop has 397 stores, according to their website, with the largest footprint in Massachusetts.
They have 125 stores in Massachusetts, 100 in New York, 88 in Connecticut, 57 in New Jersey and 27 in Rhode Island.
Why is Stop & Shop planning to close stores?
In the presentation to investors in May, Fleeman said to assure "a stable and thriving" future they needed to focus on "optimizing the portfolio to focus on core markets where it can win."
Remodels that Stop & Stop have done in some stores since 2018 helped performance. But, overall "it's not enough, and it's not where we want to be or need to be," Fleeman said.
What other brands does Ahold Delhaize own?
Ahold Delhaize operates more than 7,700 food stores in the Eastern United States, plus several European countries including Greece, Serbia, Romania, the Czech Republic, Belgium and the Netherlands, employing more than 400,000 people. Besides Stop & Shop, its US brands include Food Lion, the Giant Company, Giant Food and Hannaford.
Paul Edward Parker contributed to this report.
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