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RE: LeoThread 2024-07-12 18:45

in LeoFinance4 months ago

Stop & Shop will shutter 7 NYC-area stores, 32 overall

Stop & Shop will shutter seven stores in the New York City area and 32 overall as inflation-battered shoppers seek cheaper supermarkets, the company said on Friday.

Stop & Shop will shutter seven stores in the New York City area and 32 overall as inflation-battered shoppers seek cheaper supermarkets, the company said on Friday.

The struggling chain, owned by Dutch conglomerate Ahold Delhaize, had said it was planning to close “underperforming” stores in May, with industry experts estimating as many as 50 would shutter, as The Post reported.

#newsonleo #stopandshop #grocery #nyc