Friday, May 31, 2024

Stop & Shop could close some underperforming Conneticut stores

undrperforming connecticut stores
Ahold Delhaize to close underperforming Stop & Shop stores in the United States

Supermarket group Ahold Delhaize said Thursday it will close an undisclosed number of underperforming Stop & Shop stores in the United States this year.

Ahold Delhaize declined to disclose the number of stores affected, saying it would do so later this year.

“Stop & Shop has already evaluated its entire portfolio and will make difficult decisions to close underperforming Stop & Shop stores to create a healthy long-term store base,” said JJ Fleeman, CEO of the group in the United States, during a conference call with analysts.

Stop & Shop, a chain located in the northeastern United States, is one of the group's five brands in the country and operates nearly 400 stores. 

Ahold Delhaize generates more than half of its turnover in the United States.

In 2023, its sales in the United States will amount to 54.54 billion euros.

Company profile

Ahold Delhaize N.V. is one of the world leaders in mass distribution. Turnover by activity is distributed as follows:

  • retail distribution in the United States (61.5%): operation, at the end of 2023, of 2,048 stores divided by brand between Food Lion (1,108), Stop & Shop (395), Giant/Martin's (193), Hannaford (187) and Giant Food (165). The group is also developing a business selling and delivering groceries to homes or workplaces through the Peapod.com website;
  • retail distribution in Europe (38.5%): operation of 5,668 stores under the Albert Heijn brands (1,268 in the Netherlands, Belgium and Germany), Mega Image (977 in Romania), Delhaize (818 in Belgium and Luxembourg), Gall & Gall (628 in the Netherlands), AB and Ena Food (585 in Greece), Etos (523 in the Netherlands), Delhaize Serbia (529 in Serbia) and Albert (340 in the Czech Republic). Ahold Delhaize N.V. also develops a sales and home or workplace delivery business of grocery products through the site bol.com.

The geographical distribution of turnover is as follows: Netherlands (21.1%), Europe (17.4%) and United States (61.5%).

Number of employees: 400,000

Personal Considerations

I used to shop at Stop n Shop but once I started going to Big Y I never went back. All the local Stop n Shops, even the newer ones, feel like they are 15 years old and are just plain boring. The machines are boring, half the items are out of stock or never existed anyway, and the organizational scheme always looks like it was drawn up by some drunk guy.  May be this is the reason of underperformimg Conneticut stores

Like I'm trying to shop to be faster for everyone, fuck you, and when I have 10 items of one item I don't want to scan each one once, just let me scan the same ten times. , you don't need to weigh everything. Stop n Shop is very annoying every time I go there, Big Y is almost always the answer

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