Shop 'n Save to Shutter Remaining 16 Stores After No Buyer Emerges
ST. LOUIS, MO - Earlier this year, Supervalu announced that it would be selling 19 of its 36 Shop ‘n Save stores, with the remaining 17 stores’ fate pending an additional buyer. Last week, Supervalu announced that a buyer has still not come forth and, as a result, the remaining 16 Shop ‘n Save locations will be closed in early November, according to the St. Louis Post-Dispatch. In addition to the 16 store locations, the retailer will also close a distribution center.
Storewide sales have already begun at all locations, with discounts of up to 30 percent off announced in an advertisement email, the news source reports.
The closures will leave over 1,300 Shop ‘n Save employees, including cashiers and stockers, without a job.
AndNowUKnow will continue to report on the grocery retail landscape as it continues to evolve.