Ahold Delhaize to Close Undisclosed Number of Stop & Shop Stores; JJ Fleeman Comments



Ahold Delhaize to Close Undisclosed Number of Stop & Shop Stores; JJ Fleeman Comments


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UNITED STATES - Changes are being implemented across Ahold Delhaize’s United States footprint. The company is streamlining its retail operations, announcing plans to close a number of U.S. Stop & Shop stores this year.

JJ Fleeman, Chief Executive Officer, Ahold Delhaize USA
JJ Fleeman, Chief Executive Officer, Ahold Delhaize USA

"Stop & Shop has already evaluated its overall portfolio and will make difficult decisions to close underperforming stores to create a healthy store base for the long term," JJ Fleeman, Ahold Delhaize USA's Chief Executive Officer, said during a recent call with analysts.

The retailer will announce the total number of stores to be affected later in the year, Reuters reported.

Ahold Delhaize announced plans to close a number of its U.S. Stop & Shop stores this year

Located in the northeast U.S., Stop & Shop is among Ahold Delhaize’s five Stateside brands, operating nearly 400 locations. As the source noted, Ahold Delhaize earns more than half of its revenues in the U.S.

As more updates on this newly announced strategy become available, ANUK will be here to relay the latest insights.

Ahold Delhaize