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Stock impact report

Stop & Shop store closures: Several locations closing this week in Northeast [USA TODAY]

New York Times Company (The) (NYT) 
Last new york times company (the) earnings: 2/6 07:00 am Check Earnings Report
Company Research Source: USA TODAY
The grocer first announced the closure of 32 "underperforming" stores in July , saying shuttering the nearly three dozen Northeastern locations will "position the company for growth." Shutting down on a rolling basis, all of the stores will be closed on or before Saturday, Nov. 2. "Stop & Shop is proud of the deep roots and community ties we have developed as a neighborhood grocer of more than 100 years, and we remain committed to nourishing our associates, customers and communities,” Stop & Shop President, Gordon Reid, said in a July press release. "Stop & Shop has evaluated its overall store portfolio and made the difficult decision to close underperforming stores to create a healthy base for the future growth of our brand.” The grocery chain, which is owned by Ahold Delhaize USA Company, will continue to operate 350 locations across five states. The closure announcement said that employees of the impacted stores will be offered positions elsewhere in the company. “Our associ Show less Read more
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