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Albertsons sets 26 store closures
Albertsons, Boise, Idaho, said Wednesday it has scheduled 26 store closings across the country by Feb. 20, the day its fiscal year ends.
Elliot Zwiebach
January 15, 2014
2 Min Read
Albertsons, Boise, Idaho, said Wednesday it has scheduled 26 store closings across the country by Feb. 20, the day its fiscal year ends.
The closings include 13 stores in the chain's Southern California division, including 11 in California (Canyon Country, Chula Vista, Huntington Beach, Long Beach, Monrovia, Moorpark, Ontario, San Diego, Valencia, Whittier and Woodland Hills) and two in Las Vegas; two in its Southwest division (one each in Phoenix and Albuquerque); seven stores in the Pacific Northwest (five in Washington, including two in Tacoma, two in Vancouver and one in Bothell; and stores in Albany and Pendleton, Ore.); two Acme Markets in Westtown and Exton, Pa., where leases were expiring; and two Shaw's units in Medford and Webster, Mass.
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Christine Wilcox, the chain's spokeswoman, said the closings follow the company's ongoing review process.
"These are stores we identified as being underperforming and, despite our best efforts, we determined we couldn't position them for future profitability," she said.
Albertsons reviews stores quarterly, she added, "and there are no plans to close additional locations at this time."
The California, Northwest and Southwest divisions are part of Albertsons LLC, while the Acme and Shaw's stores are part of New Albertsons Inc. Both LLC and NAI are part of AB Acquisition, the parent company.
Albertsons closed 13 stores in its Florida division last April and six Shaw's in New Hampshire in August.
Read more: 75 and Counting: Albertsons ‘in this for the long haul’
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