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Sherman A1

(38,958 posts)
Fri Jan 18, 2013, 05:23 AM Jan 2013

Delhaize Closing 33 Sweetbay Stores

TAMPA, Fla. — Delhaize Group said Thursday that it would close 33 Sweetbay stores here by next month, or about one-third of the chain.

“While these decisions are difficult, especially given the impact on our associates, customers and communities, these actions will continue to enhance the performance of our overall store portfolio and further enable us to deliver profitable growth and accelerate shareholder value,” the company said in a statement. The company also said Thursday it would close eight Food Lion stores, and three Bottom Dollar Food stores.

Sweetbay will operate 72 stores after the closures, which are expected to be complete in mid-February. In addition to the store closures, Sweetbay will also discontinue its pharmacy operation at its Bonita Springs, Fla., store.

The closures are expected to displace approximately 2,000 employees.


Read More: http://supermarketnews.com/retail-amp-financial/delhaize-closing-33-sweetbay-stores#ixzz2IJjn9DH4

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