Shaw's to close six New Hampshire stores
Shaw's to close six New Hampshire stores
Shaw’s announced it will be closing six stores throughout New Hampshire no later than Sept. 2, 2013. The company stated that it does not have any current plans to close additional stores, but this news comes a few weeks after Shaw's announced six other store closings in Massachusetts and Rhode Island.
"We strive to ensure the success of all our stores; however, it is occasionally necessary for us to close those that are not meeting company goals or that do not fit into our long-term strategy," the company stated in a press release. "As a company and as responsible business owners, it is imperative to the overall health and future of the company that we run profitable stores. The stores identified have not been profitable for quite some time, and despite the best efforts of the company and our associates — including recent pricing and marketing initiatives — we have not been able to reposition them to better compete in the marketplace and don’t anticipate being able to change this trend.
"While the decision to close a store is always difficult — given the impact on associates and customers — it was made only after careful evaluation and was guided by what is best for the company’s ongoing success and future growth."
The company stated that the six store closings are not reflective of the overall health of Shaw’s and Star Market.
"The company has, and will, continue to make investments into our business as we look to regain our position as the preeminent grocer in New England," the company said in the release. "Part of that is making the difficult, but necessary decisions like closing stores to ensure the long-term viability of Shaw’s and Star Market."