In its continuing efforts to restructure, Albertsons and its southern division banner, Tom Thumb, are shuttering two stores that the company has deemed unprofitable.
In addition to previously announced stores that are set to close by December 1, two Tom Thumb stores in the Dallas suburb of Irving, Texas, will be closing this winter. The stores are expected to close by January.
The Tom Thumb stores closing are located at 3533 Belt Line Road at Northgate, and 4010 N. MacArthur Boulevard. There are currently no Albertsons set to close in Irving. However, according to local news source, The Dallas News, Albertsons is building new locations in Uptown Dallas and east of downtown near the Deep Ellum DART train stop.
As we reported back in October, Albertsons is also reorganizing its regional office in Fort Worth, Texas.
How will this continued reorganization affect both the retailer and its banners? Are these store closures and openings a sign of success or a harbinger of stormy days ahead? Deli Market News will continue to bring you updates on this and other important retail news.
