Bashas' Closures Reflect Changes in Phoenix Market

PHOENIX — It's getting hotter here in the Valley of the Sun, and it isn't even summer yet. The heat is coming from the recession and its impact on competition here exemplified by the announcement late last month that Bashas' plans to close a handful of underperforming stores, just months after shuttering five locations and, even earlier, laying off approximately 500 corporate employees. In a press statement,

PHOENIX — It's getting hotter here in the Valley of the Sun, and it isn't even summer yet.

The heat is coming from the recession and its impact on competition here — exemplified by the announcement late last month that Bashas' plans to close a handful of underperforming stores, just months after shuttering five locations and, even earlier, laying off approximately 500 corporate employees.

In a press statement, Bashas' explained its decision to close some of its stores.

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