Albertsons is making moves to streamline its operations to be more profitable and efficient as it continues to grow in the North Texas region. This week, Albertsons and its banner Tom Thumb announced they will be shuttering unprofitable store locations. By December 1, two Albertsons locations and two Tom Thumb locations will be closed.
“After a great deal of careful analysis, we have made the decision to close four of our north Texas stores,” Albertsons Spokeswoman Connie Yates said to Dallas News. “Closing an underperforming store is always a tough decision, but sometimes a necessary step to position our company for greater success and growth.”
The Albertsons stores that are closing are the location at 10800 N. Beach St. in Fort Worth and the location at 1300 W. Beltline Road in DeSoto. The Tom Thumb locations that are closing are the stores at 2600 Flower Mound Road in Flower Mound and 820 S. Macarthur Blvd. in Coppell.
In addition to the closures, Albertsons is also reorganizing its regional office in Fort Worth, Texas, with the number of jobs affected unknown at this time.
“We had some minimal restructuring in our regional office, with the majority of those people moving to other positions,” Yates continued.
What do these closures mean for Albertsons in the long run? Deli Market News will continue to keep its eyes on the retail prize.
