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Wednesday, January 14, 2009

Acme to shut 3 area supermarkets

Inquirer staff writer Sam Wood reports:

Acme markets will close three area supermarkets following  news that its parent company, Supervalu Inc., lost nearly $3 billion during the last quarter.

Stores in Ambler, West Chester, and Collegeville will be shut down during the next two months, according to a report  on KYW Newsradio. A fourth store in Newton, NJ, will also be shuttered.

A company spokeswoman did not offer details about how many employees would be affected.

Acme's market share in the eight-county Philadelphia region is 14.48 percent; the chain has 130 supermarkets in Delaware, Maryland, New Jersey and Pennsylvania


Read more breaking news in our From The Source blog.
Posted by Inquirer Online Desk @ 7:15 AM  Permalink | 7 comments
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  • 0 like this / 0 don't   •   Posted 3:10 PM, 01/14/2009
    Acme is wayyy overpriced these days. Shop Rite has better selections and prices.
    — pieman
  • 0 like this / 0 don't   •   Posted 11:54 PM, 01/18/2009
    I can't believe they're closing the Collegeville store. The selection is terrific. Due to traffic, it takes me a half hour to get there, so I obviously don't shop there all the time, but I try to get up there at least 3 times a month. The prices aren't more than at my local stores, and the employees are way more polite and helpful. This must be a case of shuttering a store not because it's losing money but because it's not making a large enough profit. I get closing Ambler, but Flourtown remains while Collegeville gets axed? This is just NUTS!
    — PKJ


7 comments
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