UNFI Enters Agreements to Sell 13 Shoppers Stores

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Providence, RI—United Natural Foods, Inc. (UNFI) announced in a press release that it has entered into definitive agreements to sell 13 of its 43 Shoppers Food & Pharmacy stores to three separate grocery operators.

Each of the transactions is expected to close between mid-December and the end of February 2020, subject to customary closing conditions. Shoppers intends to wind down operations at these locations, including the sale of any remaining inventory and closure of the stores prior to reopening under other banners. Two of the buyers will enter into long-term agreements for UNFI to serve as the primary supplier of their acquired Shoppers locations.

At three additional Shoppers stores, UNFI made the decision to not renew the lease; the lease is being cancelled at a fourth, pursuant to agreement with the landlord. All four are expected to cease operations by the end of January 2020, the release says.

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Earlier this year, UNFI closed the 30 Shoppers pharmacies located in the stores, and sold the prescriptions and pharmacy inventories to CVS and Walgreens.

Steven L. Spinner, UNFI Chairman and CEO, said in the release: “Today’s announcement reflects progress on our commitment to reduce UNFI’s retail footprint and marks another step toward transforming UNFI into North America’s premier food wholesaler. We believe that exiting the retail business will further accelerate our business transformation and allow us to more appropriately allocate resources toward long-term growth initiatives. We will continue to wind down our retail footprint in a strategic and thoughtful manner to achieve the goals previously outlined. As we do this, we greatly appreciate the loyalty of our associates and the tremendous service they have provided to our customers.”

List of store sales and closures:

Store Name

Address

City

State

Zip

Store Planned
Outcome

Alameda

5600 The Alameda

Baltimore

MD

21239

Sold

Anchor Square

6500 Eastern Ave

Baltimore

MD

21224

Sold

Annapolis

2371 Solomons Island Road

Annapolis

MD

21401

Sold

Brooklyn Park

5722 Ritchie Highway

Brooklyn Park

MD

21225

Sold

Bull Run

10864 Sudley Manor Drive

Manassas

VA

20109

Closing

Colmar Manor

3831 Bladensburg Road

Colmar Manor

MD

20722

Sold

Coral Hills

4801 Marlboro Pike

Capitol Heights

MD

20743

Sold

King Shop

7051 Martin Luther King Jr Highway

Landover

MD

20785

Sold

Lexington Park

22599 MacArthur Boulevard

California

MD

20619

Sold

Liberty Road

8212 Liberty Road

Baltimore

MD

21244

Closing

Oxon Hill

6111 Livingston Road

Oxon Hill

MD

20745

Sold

Potomac Yard

3801 Richmond Highway

Alexandria

VA

22305

Closing

Quarterfield

7858 Quarterfield Road

Severn

MD

21144

Closing

Rolling Valley

9274 Old Keene Mill Road

Burke

VA

22015

Sold

Takoma Park

6881 New Hampshire Avenue

Takoma Park

MD

20912

Sold

Waldorf

 1170 Smallwood Drive W

Waldorf

MD

20603

Sold

Wheaton

2201 Randolph Road

Wheaton

MD

20902

Sold

SOURCE United Natural Foods, Inc.

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