July 10, 2013
Shaw's to close six stores in Mass., R.I.
The Shaw's supermarket chain plans to close six under-performing stores in Massachusetts and Rhode Island by early next month.
The Associated Press reported the West Bridgewater, Mass.-based grocery chain said the six stores identified for closure had not been profitable for a while and turnaround efforts had failed.
The move is the latest change to come since Cerberus Capital Management acquired Shaw's along with a group of other grocery brands for $3.3 billion early this year.
Shaw's has 22 stores and 2,800 employees in Maine and operates over 160 Shaw's and Star Market stores across New England.
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