Grocery chain Sweetbay today announced it will close 33 underperforming stores in Florida, including the East County store location off State Road 70 and Interstate 75.
In Sarasota/Bradenton, four stores will be closed including those located at: 5201 33rd St. E., Bradenton; 8750 State Road 70 E., Bradenton; 3410 U.S. 301, Ellenton; and 501 N. Beneva Road, Suite #180, Sarasota.
A company press release states the stores will be closed by mid-February.
"While these decisions are difficult, especially given the impact on our associates, customers and communities, these actions will continue to enhance the performance of our overall store portfolio and further enable us to deliver profitable growth and accelerate shareholder value," the release states. "After these actions are complete, Sweetbay will have 72 stores in Florida."
About 2,000 associates will be laid off as part of the closures.
Contact Pam Eubanks at peubanks@yourobserver.com.
Currently 0 Responses
- May
26 Tribute to Heroes Parade - Main St LWR
5:00 pm - 9:00 pm - May
28 Braden River Soccer Club Try-outs
6:00 pm - May
29 LWRBA May Membership Lunch
11:30 am - 1:00 pm - May
31 May YLA Breakfast "Legendary Leaders"
7:30 am - 9:00 am
-
Gullett student wins speech contest
05/22/13
Gullett Elementary School student Hailey Wahlers took home top honors May 11, after placing first in the Tropicana District Speech Contest. -
Girl Scouts give cookies a new cause
05/22/13
Local Daisy Scouts from Troop 180 are helping Feeding Empty Little Tummies feed homeless school children in the area. -
Dancing group to host fundraiser
05/22/13
Members of KC and the Sunshine Dancers, a group of Manatee County dancers ages 8 to 20, will show off their dancing skills in jazz, hip-hop and contemporary dance from 7 to 9 p.m. May 28, as the group holds a show titled "Breaking Ground."
