Safeway sets nine closures in Denver

[Sherman A1]

Safeway said it plans to close nine locations in the Denver metropolitan area by June 13.

“The stores have not been profitable for quite some time,” a company spokeswoman told SN, “and despite the best efforts of the company and our employees, we have not been able to reposition them to better compete in the marketplace.”

In a press release the company said the decision to close the stores came “after long and careful deliberation. For more than a year we evaluated these stores extensively and looked at options to improve their performance, but ultimately our business analysis indicated we needed to cease operations at these locations.”

http://supermarketnews.com/retail-financial/safeway-sets-nine-closures-denver

[mountain grammy]

1. With new Krogers' King Soopers opening everywhere,

and super Walmarts and Targets, Sprouts, Whole Foods, and now, Trader Joes, Denver is saturated with grocery stores. Something had to give.