All 66 Bottom Dollar Food locations will close Jan. 15 and every employee will be offered severance, the company announced. Eligible employees will also receive career transition services.
"We want to thank our associates, customers and communities for their support over the past four years," Gene Faller, VP of retail operations for Bottom Dollar Food.
Delhaize Group announced the sale of Bottom Dollars stores and associated lease liabilities in the greater Philadelphia and great Pittsburgh markets to Aldi in November. The transaction is expected to close in the first quarter of 2015. Aldi has not announced plans for the locations, although it will likely reopen most of the stores under its own banner later this year.
Aldi's purchase closes book on Bottom Dollar
Shoppers react to Bottom Dollar news
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