DALLAS, TX - Continuing its restructuring trend, Albertsons and its southern division banner, Tom Thumb, are shuttering stores that have thus far been deemed unprofitable. In addition to the stores set to close by December 1, one more Tom Thumb store in the Dallas suburb of Irving, Texas, will be closing by January.
The store closing is located at 3533 Belt Line Road at Northgate. There are currently no Albertsons set to close in Irving. However, according to local news source, The Dallas News, Albertsons' Tom Thumb banner is building new locations in Uptown Dallas and east of downtown near the Deep Ellum DART train stop.
Are these store closures and openings a sign of success or a harbinger of stormy days ahead? AndNowUKnow will continue to report the latest in retail happenings.