Iconic 118-year-old grocery chain shuts down its last store

Towns and cities used to have stores and markets unique to that area or region. You might have had a general store, a hardware store not owned by a chain, or even a family-owned supermarket. Stores like Newark Save-a-Lot, owned by the Breen family, were common, especially in communities underserved by regional and national chains.…


Iconic 118-year-old grocery chain shuts down its last store

Towns and cities used to have stores and markets unique to that area or region. You might have had a general store, a hardware store not owned by a chain, or even a family-owned supermarket.

Stores like Newark Save-a-Lot, owned by the Breen family, were common, especially in communities underserved by regional and national chains.

Independent grocery chains, however, have been in decline for decades.

“From 1990 to 2015, the number of U.S. independents dropped 39%, to 2,648, with an average of 30 store closings a year, according to a 2021 government report,” Supermarket News shared in January.

Technology, rising costs, and labor issues have pushed local operators to the brink as they operate in an industry that already has razor-thin margins.

Now, the Breen family, which has operated a chain of grocery stores/supermarkets in New York, dating back to 1908, has made the decision to close the doors of their final location.

What’s happening with the Breen family is not an isolated event. Independent grocery stores and chains still make up a sizeable percentage of the business, but they’re fighting for survival.

A 2024 survey from the National Grocers’ Association (NGA) showed some of the problems facing the industry.

“Traditional grocery continues to lose share to mass/supercenter and club stores while the market continues to be splintered among discount grocery, dollar, drug, and specialty channels,” the study showed.

More Retail:

As more sales move to large chains and digital retailers, independent brands have been making changes, NGA Content Strategist Jim Dudlicek wrote.

“Many independent operators made changes to their sales and operational strategies — focusing on margin and shrink management, creating points of differentiation, and upgrading their stores and online capabilities. All the while, independents fostered and built upon their strong community ties and invested in employee and customer loyalty,” he shared.

Local, independent grocery stores and chains have lost the geographic advantage they once had due to delivery. Shutterstock
Local, independent grocery stores and chains have lost the geographic advantage they once had due to delivery. Shutterstock · Shutterstock

Loyalty has not been enough to keep many local operators in business. The Breen family shared a message on their Facebook page announcing their near-immediate shutdown.

“It is with heavy hearts and wet eyes that we write this post. Unfortunately, our time in Newark and the grocery world has come to an end. We have given everything we have to this business, but it’s time to let it go and start a new chapter,” the family shared.

Source link