WEST BRIDGEWATER, MA -Shaw’s is slated to close six floundering New Hampshire locations by September 2, as part of ongoing efforts to improve profitability.
“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,” Shaw’s said in a release. “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.”
A Shaw’s spokesperson said that the company has no plans to close any of the other 28 New Hampshire locations, according to the Bedford Patch.
“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. 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.”