Stop & Shop Expands to 2 Million-Square-Foot Facility, Creates 700 Jobs
MANCHESTER, CT - Ahold Delhaize has been in the newswire quite a lot recently, most notably after it announced its $480 million investment plan. That investment includes the 15-year lease of a two-million-square-foot facility in Manchester, Connecticut, which will up the company’s supply chain efficiency along the East Coast.
Ahold plans to acquire the property in April 2020, after which it will spend the majority of the year renovating it to suit its distribution needs. The facility will service about 200 Stop & Shop supermarkets in New England and New York.
Chris Lewis, Executive Vice President of Retail Business Services—Ahold’s service company—noted that this new warehouse will create about 500-700 jobs in Manchester.
In a report from NBC Connecticut, the news source also explained that this facility is one of seven that the retailer plans to add to its self-distribution model. This model will cut down on the amount of time trucks spend traveling to stores. By doing so, Ahold will save roughly a million dollars ever year.
Will Ahold continue to add more warehouses to its roster? AndNowUKnow will keep you up to date on the latest in retail news.
