DALLAS, TX - Albertsons and its banner Tom Thumb are trimming down and shuttering unprofitable store locations as both look to grow in the North Texas region. By December 1, two Albertsons locations and two Tom Thumb locations will be closed.
“After a great deal of careful analysis, we have made the decision to close four of our north Texas stores,” Albertsons Spokeswoman Connie Yates said to Dallas News. “Closing an underperforming store is always a tough decision, but sometimes a necessary step to position our company for greater success and growth.”
The Albertsons stores that are closing are the location at 10800 N. Beach St. in Fort Worth and the location at 1300 W. Beltline Road in DeSoto. The Tom Thumb locations that are closing are the stores at 2600 Flower Mound Road in Flower Mound and 820 S. Macarthur Blvd. in Coppell.
In addition to the closures, Albertsons is also reorganizing its regional office in Fort Worth, Texas, with the number of jobs affected unknown at this time.
“We had some minimal restructuring in our regional office, with the majority of those people moving to other positions,” Yates continued.
Are these closing Albertsons locations a sign of a newly implemented strategy for success or dark clouds ahead for the retailer and its banners? AndNowUKnow will continue to keep an eye on the retail forecast.
