West Bridgewater, Mass. -- Shaw’s plans to close six of its 34 stores in New Hampshire by Sept. 2, the Associated Press said.
“As a company and as responsible business owners, it is imperative to the overall health and future of the company that we run profitable stores,” Shaw’s said in a statement. “The stores identified have not been profitable for quite some time, and despite the best efforts of the company and our associates — including recent pricing and marketing initiatives — we have not been able to reposition them to better compete in the marketplace and don’t anticipate being able to change this trend.”
Shaw’s earlier this month announced six store closings in Massachusetts and Rhode Island,. But the retailer said Tuesday it had no plans to announce additional closings, according to the report.