Acme Faces Store Closure as it Continues Expansion in New York
WEEHAWKEN, NJ - The battle for optimal retailer locations is alive and well on the east coast. While Acme Markets attempts expansion towards the New York metropolitan area, it also faces the closure of locations in Hudson County, New Jersey. The company began in Pennsylvania but established a strong presence in New Jersey before things were shaken up in 2015.
“Closing a store is always a tough decision, but we are focused on growing our business and reinvesting those resources into our existing stores along with aggressively exploring other new sites,” Acme reported to Jersey Digs.
A company spokesperson added that Acme’s Weehawken store, which took over a competitor’s location less than four years ago, is set to close by October 2nd. Acme capitalized on the bankruptcy of the Montvale-based Great Atlantic & Pacific Tea Company, which owned A&P, Pathmark, SuperFresh, The Food Emporium, and other supermarkets in the region. Although the chain took over many of these locations, the majority closed within subsequent years. Despite all of this, Acme was determined to develop a presence in the state of New York.
Acme has us on our toes here at AndNowUKnow, so be sure to check back with us for more updates.