Friday, September 7, 2012

Supervalu to close 60 stores, including three area Acmes

Supervalu announced Wednesday that it will close 60 stores on or before December 1. Among the closures are four Acme stores, two of which are in PA (Sharon Hill and Falls Township) and one in NJ (Glassboro). The fourth Acme location is in Maryland.

Amelia's Grocery Outlet already has a signed lease to replace Acme at the Sharon Hill location.

Other stores slated for closure include 27 Albertsons, 22 Save-A-Lots and a Jewel-Osco.

Supervalu has been struggling to survive in the competitive retail grocery business, and hired Goldman Sachs over the summer to find a buyer for all or part of the company.

Related blog posts:

Buyers looking at Supervalu units, but not entire company

The end may be near for Supervalu, Acme

Supervalu fires CEO



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