Stop & Shop to offer positions to all impacted associates and remains focused on growth through price investments and store remodels
QUINCY, Mass., July 12, 2024 (GLOBE NEWSWIRE) — Stop & Shop today announced the next steps in its plans to position the company for growth. In addition to continuing to make investments in price and the customer experience as part of its growth strategy in its markets, Stop & Shop will close 32 underperforming stores by year-end. Following the closures, Stop & Shop will continue to have a strong presence across its five-state footprint with more than 350 stores. Stop & Shop 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 Gordon Reid, President, Stop & Shop. “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.”
The 32 impacted store locations, which are anticipated to close on or before Nov. 2, 2024, include:
Connecticut
Massachusetts
New Jersey
New York
Rhode Island
“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,” added Reid.
Stop & Shop will communicate specific store closing dates to local customers well in advance of any store closures. Stop & Shop remains committed to serving its communities through other store locations, online shopping and home delivery services.
“Stop & Shop is focused on growing through large, multi-year price investments and a stronger customer value proposition, both in-store and online. This means we’ll be focused on delivering lower everyday prices, as well as even more savings for our customers through strong promotions,” added Reid. “Since 2018, we have completed more than 190 store remodels, with the customer shopping experience in mind. These stores are outperforming other Stop & Shop stores that haven’t been remodeled. We’re taking these learnings and implementing them at other stores as we build upon our strong foundation, similar to our new Boston flagship location, opened last month in the Allston Yards development. We look forward to continuing to serve and care for our communities and to grow Stop & Shop as a local brand for many years to come.”
After the store closures are complete, Stop & Shop will operate more than 350 stores spanning five states, including 81 stores in Connecticut, 115 in Massachusetts, 47 in New Jersey, 91 in New York and 25 in Rhode Island.
About Stop & Shop
A neighborhood grocer for more than 100 years, Stop & Shop is focused on delivering a wide assortment of fresh, healthy options at a great value through strong weekly sales and everyday low prices. Its new GO Rewards loyalty program delivers personalized offers and allows customers to earn points that can be redeemed for gas or groceries every time they shop. Stop & Shop customers can choose however they want to shop – whether it’s in-store or online, which offers both delivery and same day pickup. The company is committed to making an impact in its communities by fighting hunger and working to ensure no students has to go to school hungry through its Stop & Shop School Food Pantry Program. The Stop & Shop Supermarket Company LLC is an Ahold Delhaize USA Company and employs 54,000 associates and operates more than 350 stores throughout Connecticut, Massachusetts, Rhode Island, New York, and New Jersey. To learn more about Stop & Shop, visit www.stopandshop.com.
Media Contact: Caroline Medeiros
Corporate Communications Manager, Stop & Shop
Caroline.medeiros@stopandshop.com
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