Stop & Shop Announces Closure of 32 Underperforming Stores in Northeast: Impact on New York, New Jersey, Massachusetts, Connecticut, and Rhode Island

Brooklyn, New York, New York United States of America
Impacted workers will be offered other opportunities within the company.
Reasons for the closures include increased competition from discount chains and big-box retailers, as well as Stop & Shop's higher pricing compared to competitors.
Some locations have underperformed despite remodeling efforts since 2018.
Stop & Shop, a major grocery chain in the Northeastern US, is closing 32 underperforming stores across New York, New Jersey, Massachusetts, Connecticut, and Rhode Island.
The closures are expected to take place before November 2nd.
Stop & Shop Announces Closure of 32 Underperforming Stores in Northeast: Impact on New York, New Jersey, Massachusetts, Connecticut, and Rhode Island

Stop & Shop, a major grocery chain in the Northeastern United States, has announced plans to close 32 underperforming stores across New York, New Jersey, Massachusetts, Connecticut, and Rhode Island. The closures are expected to take place before November 2nd. According to Stop & Shop President Gordon Reid, the decision was made based on what is working for the company as much as what isn't.

Since 2018, Stop & Shop has completed over 190 store remodels with a focus on improving the customer shopping experience. The remodeled stores have outperformed those that haven't been updated. However, despite these efforts, some locations have continued to underperform.

The following New York locations will be closed: 2965 Cropsey Ave., Brooklyn and 132 Fulton Ave., Hempstead. In addition to these closures in New York, Stop & Shop will also shutter stores in Greenvale, Coram, Mt. Vernon (Jamaica), West Haverstraw (Rockland County), Carlstadt (New Jersey), Edison, Franklin Township, Howell, Jackson, Phillipsburg (New Jersey), Piscataway and Point Pleasant Beach.

Stop & Shop employs 58,000 people. Workers impacted by the closures will be offered other opportunities within the company. The company also plans to communicate specific store closing dates to local customers well in advance of any store closures and continue offering online shopping and home delivery services.

The reasons for these closures are not clear, but it is known that Stop & Shop has faced increased competition from discount chains like Aldi and Lidl, as well as big-box retailers like Walmart and Costco. Industry experts suggest that Stop & Shop's pricing is up to 14% more expensive than its competitors, making it a less attractive option for inflation-battered shoppers.

The closures come at a time when the grocery industry is undergoing significant changes due to the pandemic and shifting consumer preferences. Many shoppers have sought out cheaper alternatives during this time, putting pressure on traditional supermarkets like Stop & Shop to adapt or risk losing market share.


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Confidence

85%

Doubts
  • Exact reason for underperformance of specific stores is not mentioned.
  • No information provided about potential impact on Stop & Shop's overall financial performance.

Sources

98%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
(Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

Stop & Shop is closing 32 ‘underperforming’ locations. Here’s where

CNN News Site: In-Depth Reporting and Analysis with Some Financial Conflicts and Sensational Language Jordan Valinsky Friday, 12 July 2024 17:52
  • Unique Points
    • Stop & Shop is closing 32 underperforming grocery stores across the US northeast.
    • Ahold Delhaize, the chain’s Dutch parent company, revealed the locations on Friday. They will close in early November.
    • Since 2018, Stop & Shop has remodeled about half of its locations; those refreshed stores have outperformed the ones that haven’t been updated.
  • Accuracy
    • The closures will occur in New Jersey, Massachusetts, New York, Connecticut and Rhode Island.
    • Stop & Shop has remodeled about half of its locations since 2018; those refreshed stores have outperformed the ones that haven’t been updated.
  • Deception (100%)
    None Found At Time Of Publication
  • Fallacies (100%)
    None Found At Time Of Publication
  • Bias (100%)
    None Found At Time Of Publication
  • Site Conflicts Of Interest (100%)
    None Found At Time Of Publication
  • Author Conflicts Of Interest (100%)
    None Found At Time Of Publication

97%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
(Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

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

New York Post Lisa Fickenscher Friday, 12 July 2024 19:06
  • Unique Points
    • Stop & Shop will close 7 stores in the New York City area and 32 overall.
    • Additional closures will occur in New Jersey, Massachusetts, Connecticut and Rhode Island.
    • Shoppers pay between 12% to 14% more at Stop & Shop compared to competitors.
    • Inflation-battered shoppers have sought cheaper supermarkets during the pandemic.
    • The value proposition and pricing at Stop & Shop are not strong enough, according to CEO JJ Fleeman.
    • Burt Flickinger, a grocery consultant, stated that Stop & Shop’s pricing is up to 14% more expensive than competitors.
  • Accuracy
    No Contradictions at Time Of Publication
  • Deception (100%)
    None Found At Time Of Publication
  • Fallacies (85%)
    The article contains a few instances of inflammatory rhetoric and appeals to authority. It does not contain any formal fallacies or dichotomous depictions.
    • . . . 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.
    • Shoppers pay between 12% to 14% more at Stop & Shop, according to Burt Flickinger of Strategic Resource Group, a grocery consultant.
  • Bias (100%)
    None Found At Time Of Publication
  • Site Conflicts Of Interest (100%)
    None Found At Time Of Publication
  • Author Conflicts Of Interest (100%)
    None Found At Time Of Publication

100%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
(Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

Stop & Shop to close Brooklyn store, 6 more throughout New York

New York Daily News Brian Niemietz Friday, 12 July 2024 20:52
  • Unique Points
    • Stop & Shop is closing a store in Coney Island, Brooklyn.
    • 32 Stop & Shop stores will be shuttered throughout New York, New Jersey, Connecticut, Massachusetts and Rhode Island.
    • Stop & Shop President Gordon Reid attributes the closures to what's working for the company as much as what's not.
    • Since 2018, Stop & Shop has completed over 190 store remodels with a focus on improving customer experience.
    • The following New York locations will be closed: 2965 Cropsey Ave., Brooklyn and 132 Fulton Ave., Hempstead.
  • Accuracy
    No Contradictions at Time Of Publication
  • Deception (100%)
    None Found At Time Of Publication
  • Fallacies (100%)
    None Found At Time Of Publication
  • Bias (100%)
    None Found At Time Of Publication
  • Site Conflicts Of Interest (100%)
    None Found At Time Of Publication
  • Author Conflicts Of Interest (100%)
    None Found At Time Of Publication

98%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
(Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

Stop & Shop closures in Massachusetts have customers concerned they'll have limited alternatives

CBS News Site: https://www.cbsnews.com/articles/about-us/ Christina Hager Saturday, 13 July 2024 22:08
  • Unique Points
    • Stop & Shop is closing eight locations in Massachusetts, including the store in Brockton.
    • The Brockton Stop & Shop is considered vital to the neighborhood due to its proximity to a gas station, bank, and pharmacy.
  • Accuracy
    • Stop & Shop is closing 32 underperforming stores across the US northeast.
    • There are not many alternatives for grocery shopping in Brockton aside from convenience stores and a supermarket that is more than 2 miles away.
    • Stop & Shop has remodeled about half of its locations since 2018; those refreshed stores have outperformed the ones that haven’t been updated.
  • Deception (100%)
    None Found At Time Of Publication
  • Fallacies (100%)
    None Found At Time Of Publication
  • Bias (100%)
    None Found At Time Of Publication
  • Site Conflicts Of Interest (100%)
    None Found At Time Of Publication
  • Author Conflicts Of Interest (100%)
    None Found At Time Of Publication

98%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
(Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

Stop & Shop closing 32 underperforming grocery stores in the Northeast

The Associated Press News Friday, 12 July 2024 15:04
  • Unique Points
    • Stop & Shop will close 32 underperforming stores in the Northeast US by the end of the year.
    • Ahold Delhaize owns Stop & Shop.
    • Gordon Reid is the President of Stop & Shop.
  • Accuracy
    • The affected stores are not making a profit and take away from the organization as a whole.
    • Shoppers pay between 12% to 14% more at Stop & Shop compared to competitors.
  • Deception (100%)
    None Found At Time Of Publication
  • Fallacies (100%)
    None Found At Time Of Publication
  • Bias (100%)
    None Found At Time Of Publication
  • Site Conflicts Of Interest (100%)
    None Found At Time Of Publication
  • Author Conflicts Of Interest (0%)
    None Found At Time Of Publication