Tampa Bay, Fla. Albertsons said Monday it plans to close four Florida stores and lay off more than 300 employees, according to a report in the Tampa Bay Business Journal.
“These stores have been unprofitable for quite some time,” said Christina Wilcox, spokeswoman for the grocer. “Whenever we have an unprofitable location we put out best efforts into repositioning it.”
After several quarters, however, the chain has to cut its losses, she said.
Albertsons notified the Florida Agency for Workforce Innovation of the layoffs, effective Oct. 21, according to the report.
With the cuts, Albertsons will have 31 stores in Florida.