Stop & Shop supermarkets in Johnston, Providence, Raynham on list of closures
How will the closures affect Stop & Shop's employee community?
The closures will impact Stop & Shop's employee community as the company plans to close 32 underperforming stores by year-end. However, Stop & Shop will offer positions to all impacted workers at other locations within the company, ensuring their continued employment. This measure aims to create a healthy base for the future growth of the brand while maintaining its commitment to nourishing associates, customers, and communities.
How many stores will Stop & Shop operate after these closures?
After the closure of 32 underperforming stores, Stop & Shop will continue to operate more than 350 stores across five states, including 81 in Connecticut, 115 in Massachusetts, 47 in New Jersey, 91 in New York, and 25 in Rhode Island. The company plans to offer positions to all impacted associates at other locations within the company.
Why is Stop & Shop closing 32 locations this year?
Stop & Shop is closing 32 underperforming stores by the end of the year as part of its efforts to improve financial performance and create a healthy base for future growth1. The company has evaluated its overall store portfolio and decided to focus on growing through large, multi-year price investments and a stronger customer value proposition, both in-store and online.