Marketing
Stop & Shop spending $140M on stores to boost shopping experience
July 13, 2022
Stop & Shop, a grocery chain, plans to spend $140 million in capital investments on New York City store remodels with the goal to improve the shopping experience.
The money will be used on providing more culturally relevant items for store communities and will include deal bins and a Flashfood program that will offer fresh food at up to 50% off, according to a press release.
In addition to the investment in its stores, Stop & Shop has committed $1 million to fight food insecurity across NYC this year through several local initiatives and community partnerships.
"We're proud to make such a significant investment in New York City, and we're excited to show customers that we can be the one-stop shop for everything they need and that we're delivering great value, particularly in this current economic environment," Gordon Reid, president of Stop & Shop, said in the release.
Stop & Shop's Bay Plaza store in the Bronx, for example, will feature a "Global Market" with authentic products from 14 different regions tailored to its neighbors and for those looking for unique products for globally inspired cooking.
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