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40°
Wednesday, nov 27
Tag:
Business Turnaround
Business
The Fresh Market To Shut Down 15 Stores Amid Turnaround Plan
Fresh Market is set to shutter the doors of 15 stores in several states as it moves forward with its turnaround plan. The specialty grocery chain announced that it will be closing its locations in nine states over the next several weeks following “analysis of long-term growth,” according to the company. In a statement, officials said they will “do their best to relocate as many impacted employees as possible to other stores within our footprint.” According to The Fresh Market, the closings come from an organizational analysis and “careful consideration” of the company’s growth strategy and …