Downtown Baltimore will lose one of its few grocery stores when six Fresh & Green's markets in Maryland and Washington close by the end of the month
Natural Markets Food Group announced the closings Monday. The stores, former Superfresh markets, opened in 2011 under the ownership of Natural Markets, a subsidiary of Catalyst Capital Group, a Canadian private equity firm.
Anne Burns, a spokeswoman for Fresh & Green's, said about 40 employees will be affected at each store, including one on Charles Street in Baltimore and others in Arnold, Brunswick, Cambridge and Chestertown.
The stores were not profitable, the retailer's CEO, Robin S. Michel, said in a statement.
"Closing stores is never easy, given the impact on employees and the communities they serve … but there are times when it is necessary, and this is such a time," she said. "We've reached the point at which continuing to operate these stores does not make financial sense for the company."
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3 comments:
I'm not surprised! Walmart seems to kill any business it is in competition with. Cambridge is already economically depressed!
Just another causality of the times we are living in, and our corrupt government both state and federal that has brought us to this mess!
It is true, you reap what you sow!
Chestertown so needs the second grocery store. It is very disappointing that Acme will be our only grocery store.
Whole Foods is next. People have figured out that Organic means nothing, and that farm grown means what is says. Paying $10 for potatoes that cost $5 at Giant, easy to see coming.
PS - Without wallmart where would the poor go? Big lots, happy harries,ollies, dollar store, etc., do you blame the also for taking care of the poor?
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