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Stop & Shop to Pull Out of New Hampshire

QUINCY, Mass. — Stop & Shop said Tuesday that it would close all six of its stores in New Hampshire on or before Sept. 21.

Jon Springer, Executive Editor

August 6, 2013

2 Min Read
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QUINCY, Mass. — Stop & Shop said Tuesday that it would close all six of its stores in New Hampshire on or before Sept. 21.

The company, a division of Ahold USA, said the stores had underperformed.

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“We continually assess our stores and operating performance. Our six stores in New Hampshire have not achieved performance goals after many years of investment, and we have made the difficult decision to close these underperforming stores,” Joe Kelley, president of Stop & Shop’s New England Division said in a statement. “This action will allow us to focus our investment and resources on continuing to grow our business in other areas of the Northeast.”

The announcement comes only a week after West Bridgewater, Mass.-based Shaw’s Supermarkets said it would close six New Hampshire stores. Shaw’s stores are top close by Sept. 2.

Read more: Shaw's to Close 6 New Hampshire Stores

Kevin Daigle, vice president of the New Hampshire Grocers Association, told SN Tuesday that Stop & Shop has likely felt the impact of new Market Basket stores that have strengthened its share in the area in recent years.

The Stop & Shop stores set for closure include locations in Bedford, Hudson, Exeter, Milford and two locations in Manchester.

 

About the Author

Jon Springer

Executive Editor

Jon Springer is executive editor of Winsight Grocery Business with responsibility for leading its digital news team. Jon has more than 20 years of experience covering consumer business and retail in New York, including more than 14 years at the Retail/Financial desk at Supermarket News. His previous experience includes covering consumer markets for KPMG’s Insiders; the U.S. beverage industry for Beverage Spectrum; and he was a Senior Editor covering commercial real estate and retail for the International Council of Shopping Centers. Jon began his career as a sports reporter and features editor for the Cecil Whig, a daily newspaper in Elkton, Md. Jon is also the author of two books on baseball. He has a Bachelor of Arts degree in English-Journalism from the University of Delaware. He lives in Brooklyn, N.Y. with his family.

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