Stop & Shop closing 4 Long Island 'underperforming' supermarkets
How will affected employees be managed post-closure?
Affected employees will be given opportunities to transfer to other nearby stores, according to Stop & Shop. Local unions are also working to ensure that the company keeps its promise that workers will not lose their jobs. The transfer opportunities aim to prevent layoffs and maintain employment for the affected staff.
Why is Stop & Shop closing 32 supermarkets?
Stop & Shop is closing 32 underperforming supermarkets by early November to improve its financial performance and create a healthy base for future growth1. The affected stores are located in Connecticut, Massachusetts, New Jersey, New York, and Rhode Island. No employees will be laid off due to the closures, and they will be given opportunities to transfer to other nearby stores.
Which states are affected by the Stop & Shop closures?
The Stop & Shop closures affect stores in Connecticut, Massachusetts, New Jersey, New York, and Rhode Island3.