Overview
- The latest closures will shutter Shoppers locations in College Park, Laurel, Germantown, and Capitol Heights in early November.
- The action follows four Maryland closures earlier this fall, bringing the total to eight as UNFI trims underperforming sites.
- After the reductions, the Shoppers banner will continue operating 13 stores in the greater Washington, D.C. area, according to the company.
- UNFI says it is optimizing its retail footprint and will offer transfer opportunities to employees where openings exist.
- The steps come after UNFI reported quarterly net sales of $7.7 billion with an $87 million net loss and an 8.8% decline in its retail segment, reflecting sector pressures such as thin margins and rising costs.