{"id":2293658,"date":"2024-07-12T16:10:57","date_gmt":"2024-07-12T20:10:57","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/110-year-old-grocery-chain-stop-shop-announces-closure-of-32-stores\/"},"modified":"2024-07-12T16:14:28","modified_gmt":"2024-07-12T20:14:28","slug":"110-year-old-grocery-chain-stop-shop-announces-closure-of-32-stores","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/110-year-old-grocery-chain-stop-shop-announces-closure-of-32-stores\/","title":{"rendered":"110-Year-Old Grocery Chain Stop &#038; Shop Announces Closure of 32 Stores"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2F110-year-old-grocery-chain-stop-shop-announces-closure-of-32-stores%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2293658&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Stop &#038; Shop announced that it will be closing 32 underperforming grocery stores in the Northeast\u2062 United States by \u200cthe end of the year. The\u200d chain, owned by \u2062the Dutch company\u200d Ahold\u200d Delhaize, will <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/citing-crime-wave-rei-packs-up-its-tent-in-portland\/\" title=\"Citing Crime Wave, REI Packs Up Its Tent in Portland\">shutter stores<\/a> in New Jersey, Massachusetts, New York, Connecticut, and Rhode Island. The company stated that <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/secy-blinken-appoints-2-diplomats-to-oversee-probe-of-havana-syndrome-treatment-of-victims\/\" title=\"Secy. Blinken appoints 2 diplomats to oversee probe of Havana syndrome, treatment of victims\">affected employees<\/a> will be\u2063 offered other\u2063 positions within the\u200d company. \u200cStop \u2063&#038; Shop President Gordon Reid mentioned that the decision to close the stores was \u200cmade to ensure \u200dthe \u200bcompany&#8217;s financial health.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><br \/>\n<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\"> <?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><html><body><\/p>\n<header> <a href=\"https:\/\/www.westernjournal.com\/news\/\">  News <\/a>   <span> <\/p>\n<p><a href=\"https:\/\/www.westernjournal.com\/author\/ap-reports\/\">  <\/a> <\/p>\n<p> <span>   By <a href=\"https:\/\/www.westernjournal.com\/author\/ap-reports\/%20\"><span>The Associated Press<\/span><\/a> <\/span> <span>   July 12, 2024 at 8:04am <\/span> <\/span>  <\/header>\n<section>\n<p>Stop &#038; Shop said Friday it will close 32 underperforming grocery stores in the Northeast U.S. by the end of the year.<\/p>\n<p>The chain, which is owned by the Dutch supermarket company Ahold Delhaize, said it will close 10 stores in New Jersey, eight stores in Massachusetts, seven stores in New York, five stores in Connecticut and two stores in Rhode Island.<\/p>\n<p>The company said employees at affected stores would be offered other jobs within the company.<\/p>\n<p>Asked by The Associated Press how many people are employed at the 32 stores, Stop &#038; Shop declined to say.<\/p>\n<p>Stop &#038; Shop President Gordon Reid said in a statement that the company decided to <a href=\"https:\/\/www.westernjournal.com\/massive-u-s-pharmacy-chain-close-significant-share-stores-locations-struggle\/\" target=\"_blank\" rel=\"noopener\">close the stores<\/a> to create a \u201chealthy base for the future growth of our brand.\u201d<\/p>\n<p>Ahold Delhaize said in May that it planned to close some Stop &#038; Shop locations as part of a plan to strengthen the brand.<\/p>\n<p>The company said it wants to build new stores and remodel the remaining ones, increase the number of <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/food-stamps-direct-payments-worth-up-to-1751-for-december-end-in-delaware-in-four-days\/\" title=\"Food stamps in Delaware will stop providing direct payments of up to ,751 by the end of December\">store-brand products<\/a> it offers and <a href=\"https:\/\/www.westernjournal.com\/ap-tesla-slashes-prices-across-board-sales-numbers-miss-expectations\/\" target=\"_blank\" rel=\"noopener\">reduce prices<\/a>.<\/p>\n<p>Burt Flickinger, a longtime retail consultant and owner of Strategic Resource Group, said many of Stop &#038; Shop\u2019s problems were self-inflicted.<\/p>\n<blockquote>\n<p dir=\"ltr\" lang=\"en\">My <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/cussing-cheerleader-prevails-in-student-speech-dispute-at-the-supreme-court\/\" title=\"Cussing Cheerleader Prevails in Student Speech Dispute at the Supreme Court\">local store<\/a> has become disgusting. Very sad. Zero management <a href=\"https:\/\/twitter.com\/hashtag\/stopnshop?src=hash&#038;ref_src=twsrc%5Etfw\">#stopnshop<\/a><\/p>\n<p>\u2014 Hutton (@hutton112329) <a href=\"https:\/\/twitter.com\/hutton112329\/status\/1811793610007851262?\">July 12, 2024<\/a><\/p>\n<\/blockquote>\n<p>The brand closed fresh meat and seafood counters in some stores, for example, which cut down on the amount customers spent in those stores.<\/p>\n<p>Stop &#038; Shop also is getting squeezed by big rivals such as <a href=\"https:\/\/www.westernjournal.com\/ap-walmart-ends-credit-card-partnership-capital-one-shoppers-can-still-use-cards\/\" target=\"_blank\" rel=\"noopener\">Walmart<\/a> and Costco and discount chains such as Aldi and Lidl.<\/p>\n<p>\u201cWherever a Target, a Walmart a Costco or a BJ\u2019s has been built, a Stop and Shop\u2019s in jeopardy,\u201d Flickinger said. \u201cWhile they have a plan going forward, I\u2019m not sure the plan\u2019s going to be fully competitive given the intensifying level of competition.\u201d<\/p>\n<p>Stop &#038; Shop, which got its start in 1914 in Somerville, Massachusetts, operates around 400 grocery stores and has 60,000 employees.<\/p>\n<p>The Western Journal has reviewed this Associated Press story and may have altered it prior to publication to ensure that it meets our editorial standards.<\/p>\n<\/section>\n<p><\/body><\/html><br \/>\n<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stop &amp; Shop, owned by Ahold Delhaize, announced plans to close 32 underperforming grocery stores in the Northeast U.S. by the end of the year. The closures will affect stores in New Jersey, Massachusetts, New York, Connecticut, and Rhode Island. The company stated that employees at these stores will be offered other job opportunities within the company. The decision to close these stores was made to create a stronger foundation for future growth. Ahold Delhaize aims to strengthen the Stop &amp; Shop brand by closing some locations, building new stores, remodeling existing ones, increasing store-brand products, and reducing prices. Retail consultant Burt Flickinger noted that Stop &amp; Shop&#8217;s issues were partly due to self-inflicted problems, such as closing fresh meat and seafood counters. The company also faces competition from larger retailers like Walmart and Costco, as well as discount chains like Aldi and Lidl. Despite having a plan for the future, some experts question if it will be enough to compete in the increasingly competitive market. Stop &amp; Shop, founded in 1914, operates around 400 stores and employs 60,000 people<\/p>\n","protected":false},"author":136,"featured_media":2293659,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2024\/07\/8a97dc730ea1435893b918abb49cfcf0-scaled-e1720803935629.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[34845,34846,34849,34847,34848],"class_list":["post-2293658","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-110-year-old","tag-grocery-chain","tag-retail-industry","tag-stop-shop","tag-store-closure"],"fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2024\/07\/8a97dc730ea1435893b918abb49cfcf0-scaled-e1720803935629.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2293658","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/136"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2293658"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2293658\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2293659"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2293658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2293658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2293658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}