In breaking news, Stop & Shop has announced the closure of 32 underperforming grocery stores across the US northeast in a bid to improve its financial performance. This decision comes as shoppers are facing higher prices at the grocery store, with food prices experiencing modest upticks last month, according to the newest inflation report. Gordon Reid, the chain’s president, stated in a release, “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.”
Ahold Delhaize, the chain’s Dutch parent company, revealed the locations of the closures on Friday, stating that they will close in early November. These closures are part of a broader shake-up in the US grocery industry, with the rise of low-cost grocery brand Aldi planning to open 800 locations and Kroger and Albertson’s announcing a $25 billion merger earlier this year, which the Federal Trade Commission has sued to block.
The affected stores span all five states in which Stop & Shop operates, with 10 in New Jersey, eight in Massachusetts, seven in New York, five in Connecticut, and two in Rhode Island. Stop & Shop has assured customers that it remains committed to serving its communities through other store locations, online shopping, and home delivery services. Employees impacted by the closures will be offered other opportunities within the company.
After the closures, the 110-year-old chain will still maintain a strong presence across its five-state footprint with more than 350 stores. Stop & Shop has been working on remodeling about half of its locations since 2018, with those refreshed stores outperforming the ones that haven’t been updated. In addition to operating Stop & Shop, Ahold Delhaize also owns Food Lion and Giant grocery stores in the US.
The locations of the stores closing are as follows:
– 100 Division St., Ansonia
– 72 Newtown Road, Danbury
– 855 Bridgeport Ave., Milford
– 1937 West Main St., Stamford
– 211 High St., Torrington
– 932 North Montello St., Brockton
– 341 Plymouth St., Halifax
– 165 Needham St., Newton
– 24 Mattakeesett St., Pembroke
– 36 New State Highway, Raynham
– 539-571 Boston Turnpike, Shrewsbury
– 415 Cooley St., Springfield
– 545 Lincoln St., Worcester
– 625 Paterson Ave., Carlstadt
– 1083 Inman Ave., Edison
– 1049 US Highway 1 South, Edison
– 1221 State Route 27, Franklin Township
– 4861 US Highway 9, Howell
– 2275 West County Line Rd., Jackson
– 1278 US Highway 22, Phillipsburg
– 581 Stelton Rd., Piscataway
– 505 Richmond Ave, Point Pleasant Beach
– 130 Skyline Dr., Ringwood
– 2965 Cropsey Ave., Brooklyn
– 294 Middle Country Road, Coram
– 2525 Hempstead Turnpike, East Meadow
– 130 Wheatley Plaza, Greenvale
– 132 Fulton Ave., Hempstead
– 240 East Sanford Blvd., Mt. Vernon
– 7 Samsondale Plaza, West Haverstraw
– Rhode Island: 11 Commerce Way, Johnston; 176 Pittman St., Providence (Eastside Marketplace)
