WEB Stop Shop Closing Some Locations
Underperforming Stores To Shutter
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Published May 29, 2024 11:17 pm
Stop Shop May Be Closing
The Northeastern supermarket chain announced at its investor meeting last week that it will be closing several underperforming stores. Ahold Delhaize, the Netherlands-based owners of Stop Shop, Food Lion, and Hannaford, said it will close several underperforming locations.
WEB Stop Shop plans to close stores as it eyes a turnaround. The Northeastern chain's value proposition and pricing are simply not competitive in the current market.
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