Stop & Shop to close a number of ‘underperforming’ stores
Stop & Shop plans to close an unspecified number of grocery stores across the Northeast that it says are “underperforming.” “Stop & Shop will make the difficult decision to close underperforming stores to ensure the long-term health and future growth of our business,” a spokesman for the supermarket chain said in a statement. The Massachusetts-based […]
TGI Fridays abruptly closes 36 ‘underperforming’ restaurants
Casual dining chain TGI Fridays abruptly announced it would close 36 “underperforming” restaurants across the U.S., including five in New York, as part of its “continued growth strategy.” A photo on social media shows a sign on the door of a shuttered store: “We regret to inform you that Friday's has made the difficult decision […]