Stop & Shop to close some underperforming stores – Boston 25 News

New England-based grocery chain Stop & Shop is preparing to close some of its underperforming stores.

Ahold Delhaize, the grocers’ parent company, announced during a May 23 strategy meeting that it would close an unspecified number of stores.

CEO JJ Fleeman said the closures will help Stop & Shop create a more stable foundation and streamline its operations as the chain plans to focus on its largest markets and well-performing stores.

“Stop and Shop will make difficult decisions to close underperforming stores to create a healthy long-term store base and grow the brand,” Fleeman said.

Fleeman says 190 Stop & Shop locations have been renovated since 2018, which have begun to outperform their intact stores.

“Stop & Shop continues to have a strong market share in the North East with our portfolio of almost 400 stores. We’ve completed more than 190 renovations to date, which continue to perform well, and we’re committed to continuing to invest in our stores – as well as our pricing – to deliver a great store experience and great values for our customers . . Stop & Shop will make difficult decisions to close certain underperforming stores to help ensure the long-term health and future growth of our business,” the grocery giant said in a statement.

The specific locations or number of Stop & Shop locations that will close have not been made available.

There are 125 Stop & Shop locations in Massachusetts.

This is a developing story. Check back for updates as more information becomes available.

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