Albertsons to Close Four Florida Stores
Albertson's, LLC will close four locations in Florida by the end of August, according to company spokesman Shane McEntarffer.
"These stores are all stores that had been underperforming financially for some time, so the decision was made to close the stores," he said.
McEntarffer told Progressive Grocer that the following Albertsons Florida locations will close next month:1965 Eighth Street Northwest, Winter Haven; 3701 West Hillsboro Blvd., Deerfield Beach; 4300-220 Clarcona-Ocoee Road, Orlando; and 4407 Northlake Blvd., Palm Beach Gardens.
Cerebrus Capital Management, L.P., based in New York, owns Albertsons and will try to sell the closed stores, according to McEntarffer. The closings shouldn't affect Albertsons' distribution center in Plant City, Fla., he said. The distribution center notified the state of Florida last month that it was laying off 121 workers.
Albertson's, LLC, based in Boise, Idaho, said last month it was selling 49 Florida stores to Lakeland, Fla.-based Publix Super Markets Inc. The four additional closings will leave Albertsons with 40 Florida stores remaining and roughly 300 total in the Sunshine State, Arizona, Arkansas, Colorado, Louisiana, New Mexico, and Texas.
"These stores are all stores that had been underperforming financially for some time, so the decision was made to close the stores," he said.
McEntarffer told Progressive Grocer that the following Albertsons Florida locations will close next month:1965 Eighth Street Northwest, Winter Haven; 3701 West Hillsboro Blvd., Deerfield Beach; 4300-220 Clarcona-Ocoee Road, Orlando; and 4407 Northlake Blvd., Palm Beach Gardens.
Cerebrus Capital Management, L.P., based in New York, owns Albertsons and will try to sell the closed stores, according to McEntarffer. The closings shouldn't affect Albertsons' distribution center in Plant City, Fla., he said. The distribution center notified the state of Florida last month that it was laying off 121 workers.
Albertson's, LLC, based in Boise, Idaho, said last month it was selling 49 Florida stores to Lakeland, Fla.-based Publix Super Markets Inc. The four additional closings will leave Albertsons with 40 Florida stores remaining and roughly 300 total in the Sunshine State, Arizona, Arkansas, Colorado, Louisiana, New Mexico, and Texas.