EAST COUNTY — Sweetbay Supermarket announced Jan. 16, it will close 33 stores in Florida, including its 49,430-square-foot East County location at 8750 State Road 70 E., Bradenton.
Two other stores in Manatee County — 5201 33rd St. E., Bradenton, and 3410 U.S. 301, Ellenton — and one in Sarasota — 501 N. Beneva Road, Suite 180 — also will close. Seven area stores will remain open.
The stores being closed were not meeting sales expectations, and their closures will enhance shareholder value, said Nicole LeBeau, spokesperson for Sweetbay.
“Those stores will be closing by Feb. 13,” Le Beau said. “There will be a markdown process that will start soon. There will be no new inventory coming into the stores.”
Those stores will maintain hours of 8 a.m. to 9 p.m. daily until they close next month.
In total, about 2,000 employees — between 50 and 60 per store — will be displaced. The company will provide severance packages to eligible associates, including full- and part-time employees.
Sweetbay leases all of its store locations, LeBeau said.
Contact Pam Eubanks at firstname.lastname@example.org.
Currently 0 Responses
2 Spring Women's Conference with nat'l recording artist, Candy Pfeifer
6:30 pm - 9:30 pm
2 2nd annual Glow Run
7:00 pm - 10:00 pm
9 2nd annual DeBartolo Family Foundation All-In For ALS Casino Night
17 Women on Wheels 100
Author visits East County school
Students at Braden River Middle School learned about writing novels firsthand April 7, during a visit from novelist Lynda Mullaly Hunt.
Deputy visits women’s club
Manatee County Sheriff’s Office Deputy Alan Fifield lent his expertise on identity theft and cyber security to women in the Lakewood Ranch Women’s Club April 10.
Lakewood crowns students
Lakewood Ranch High School juniors Connor Jones and Kristen Mendez became school royalty March 31, after being named Mr. Mustang and Miss Lakewood Ranch.