Hannaford to open in former Stop & Shop
Hannaford Bros. will open a store in Kennebunk in space once home to the only Maine location of its competitor, Stop & Shop.
Hannaford plans to open the store, which will anchor the Shops at Long Bank on Route 1, in the spring, the Portland Press Herald reported. Massachusetts-based Stop & Shop announced in October that it would close the supermarket by the end of that month, after overcoming delays including legal challenges by Hannaford to open in 2007. Hannaford owns 12 acres across Route 1 from the shopping center.
Scarborough-based Hannaford bought the 56,800-square-foot building and an adjacent 4,300-square-foot retail space, which it plans to lease out. The company expects to employ 150 full- and part-time workers at the new store, the paper reported.
Robert Georgitis, chairman of Kennebunk's economic development committee, told the paper Stop & Shop may have struggled because the town was at the tail end of its supply chain, while Hannaford, a major presence in the area with a reputation for lower prices, will likely perform better.
Go to the article from the Portland Press Herald >>
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