Grocery Outlet Bargain Market closing 36 stores, including several in Pennsylvania and New Jersey
6abc Philadelphia • • business
Key Points:
- Grocery Outlet Bargain Market is closing 36 underperforming stores across several states, including Pennsylvania and New Jersey, as part of a cost-cutting measure after expanding too quickly.
- CEO Jason Potter cited changes in SNAP benefits as a factor negatively impacting the retailer's core customer base.
- The closures will take place during the current fiscal year and affect stores in California, Idaho, Maryland, Ohio, Pennsylvania, and New Jersey.
- Local closures include two stores in Philadelphia, one in Chester County, and five in South Jersey, with specific addresses provided for each location.
