Shaw’s lays off 700 across New England

Posted Nov. 02, 2012, at 1:59 p.m.
Last modified Nov. 02, 2012, at 4:48 p.m.

WEST BRIDGEWATER, Mass. — Shaw’s Supermarkets on Friday said it would lay off roughly 700 employees at its grocery stores throughout New England.

How many of those layoffs are taking place at the 22 Shaw’s stores in Maine is not being disclosed, Steve Sylven, a Shaw’s spokesman, told the Bangor Daily News. “We’re not breaking it out by state or any other way,” he said.

Approximately 90 affected employees have been informed already and the rest will be informed during the next several days, according to a media release.

“A decision of this nature is never easy, but after careful evaluation, it is unfortunately the necessary step for us to take to help improve our business, reduce expenses and reinvest in more customer-facing initiatives,” Mike Stigers, Shaw’s president, said in a statement.

Story continues below advertisement.

Shaw’s is headquartered in West Bridgewater, Mass., and is a subsidiary of Minnesota-based Supervalu Inc. However, the grocery store’s roots are in Portland, where George C. Shaw opened his first store in 1860.

SEE COMMENTS →

Similar Articles

More in Business