Stop & Shop, a long-standing grocery chain, announced the closure of 32 underperforming stores in 2024. The company emphasized its commitment to its communities and customers while acknowledging the need to reposition for future growth.
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Ferozan has over 20 years of experience writing and editing in the health and wellness sphere. She has worked as a ...is the latest retail chain to close down several locations, with 32 underperforming grocery stores being shut down in 2024. “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,” Stop & Shop president. “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.” Here’s what customers need to know about what will happen next.as executive vice president and chief merchant to try and rejuvenate the future of Stop & Shop. “Lee will carry forward the next phases of the large, multi-year price investments Stop & Shop is making, which is a key part of our commitment to strengthen our customer value proposition,” says new president. “Lee is an excellent leader who has the ability to build strong teams focused on the customer, and I look forward to aligning our merchandising strategies to support our work to reposition Stop & Shop.”Stop & Shop still operates 360 stores in Connecticut, Massachusetts, New Jersey, New York and Rhode Island. “I have not only spent a significant portion of my career working at the brand but am a lifelong customer and have a strong passion for the communities Stop & Shop serve
Stop & Shop Grocery Stores Retail Business Closures Company Restructuring
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