Business & Tech

Albertson's to Close 27 Stores, 1 in Long Beach

The grocery store at Seventh and Redondo in Belmont Heights is closing, but the Shore's store appears to be safe from the ax.

The parent company of Albertsons announced plans today to close 27 of its under-performing grocery stores across the country, including 19 in Southern California, one of them in Long Beach.

``These decisions are never easy because of the impact a store closure has on our team members, our customers and our communities,'' said Wayne Sales, president/CEO of Supervalu Inc. ``Today's announcement reflects our commitment to move with a greater sense of urgency to reduce costs and improve shareholder value.''

The company's announcement did not include a list of stores being closed. The Los Angeles Times reported that stores in Long Beach, Glendale, Northridge and Van Nuys are among those on the chopping block. The store at 7th Street and Redondo is to be closed, the Times reported, while the store at Second Street and Marina Drive will remain open. One of the affected stores, located in Culver City, closed last month.

Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.

A statement from Supervalu indicated that the stores being closed are either under-performing or ``non-strategic.''

Most of the affected stores are expected to be closed by December. Supervalu plans to close 60 of its stores nationally, including 22 Save- A-Lot stores, four ACME stores and a Jewel-Osco location.

Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.

--City News Service


Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.

We’ve removed the ability to reply as we work to make improvements. Learn more here

More from Belmont Shore-Naples