Posted on 06/02/2024 7:25:39 AM PDT by lowbridge
One of the best-known grocery chains in the Northeast announced it's closing an unspecified amount of stores.
Yet another business with ties to New York is closing multiple locations. The news follows what can only be described as a landslide of abrupt closings.
Retro Fitness in Yorkville ceased operations on May 22, a few days after Wheelock Rides out of Syracuse took its final bow. Not only that, Freihofer's bakery shut its doors for good after 140 years, including its Verona location.
And, just yesterday, BNY Mellon announced it's shuttering its Oriskany Business Park location.
These local closures come as national chains like Red Lobster and Applebees shut down several of their locations due to financial constraints.
The bad news keeps coming because now Stop & Shop, which has 100 stores in New York, will also scale down its portfolio.
The supermarket chain didn't reveal just how many stores will cease operations, but the chain did confirm the stores slated for closure have been earmarked for underperformance. A spokesman said the company wants to ensure a "stable and thriving future" by focusing on core markets.
No information was provided as to when these grocery stores will blink out of existence.
(Excerpt) Read more at wibx950.com ...
Blue states are waiting for Gadot. It could be a while. In Florida and other red states it's happening. And it's so freeing. Prayers for the good people stuck in the blue parts of Ohio - prayers for you in the blue part of Ohio.
Forget the jobs statistics: Smoke & Mirrors. The big bad long Recession is on the way.
Elizabeth Warren’s an ‘elites’ - ‘Princess Got Lots Of Wampum’ doesn’t understand the concept that ‘normal people have to pay their bills’. And that includes businesses trying to stay in business.
If Warren wants to open a business so ‘people in the community’ have a place to steal from’ she’ll earn my respect for practicing what she preaches. But with all the money she’s accumulated, I’m going to assume she doesn’t make stupid financial decisions for herself.
Stop and Shop is the store chain.
“As for which Stop and Shops will be closing, that hasn’t yet been announced, but closures will affect some of their 400 locations across 318 cities in five states in the northeast.”
Bad move. Some states are better than others. Remember, states are basically small countries.
I do agree, though, don't invest in troubled states (WA, OR, CA, NY, MA, NJ, IL, MN, MI, WI)...and NO BLUE city munis even if ad valorem or GMNA mtge backed!
Harvard Law's hiring this blue-eyed blonde as a professor who was also "a woman of color" is an act of utter cynicism.
Where is Snake Plissken when you need him.
The CEO has seen what happened to Trump. Accounting errors are all Alivn the Chipmunk needs to muscle in and bring false charges costing them millions for doing business.
We will see a lot of business’s leave NYC after last week.
Don’t count on it AZ has been rigging elections various ways a long time too
The Democrats in NY are probably robbing these stores blind. I mean, they easily found an entire judicial apparatus, including jurors, devoid of ethics.
New York is falling apart.
Sure is. We’re watching it happen, in real time.
New York Demorats asked for it now they’ve got it. Pretty soon tumble weed will be rolling around the streets of NYC.
I think it might have more to do with all the "shoppers" who take items without paying for them.
Only the upclass can afford Publix…the rest go to WalMart…they do have some good sales once and a while…they used to have by one get one free…but now it’s 60 cents off…the price of food is a factor of diesel fuel prices…
GOOGLE CLOUD had a COMPLETE failure IN Australia Pension accounts.
647,000 Accounts $1.38 BILLION GONE electronically with some sort of “PROGRAMMING ERROR.
BETCHA they NEVER appear on Biden’s UNEMPLOYMENT numbers.
ENJOYING life at Malibu with Goldie Hawn.
HE earned it.
“My work is done here”.
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