Shaw's Announce Job Cuts
Sources say 700 jobs are cut across a number of stores in New England.
Shaw's and Star Market are planning to make some cuts to their workforce in New England.
The supermarket chains owned by Supervalu, Inc. are cutting 700 positions across 169 stores, according to an AP story on the Huffington Post. This follows a second-quarter loss for the company, which fired its CEO in July.
See the full AP story on Huffington Post.
There are two Shaw's stores in Waltham, including locations on Lexington Street and River Street.
About 90 of the employees have been informed of the decision, and a press release picked up on Daily Finance indicates the rest will be notified over the next several days. The company announced that the layoffs do not "impact Shaw's overall commitment to the communities it serves."
See the full press release on Daily Finance.
At this time, sources do not indicate how these cuts specifically impact the Waltham store locations.
Ryan Grannan-Doll
9:06 am on Monday, November 5, 2012
There is no word yet on whether this will impact the Waltham location.
Lydia Magill
2:13 pm on Monday, November 5, 2012
I've shopped at the Shaw's on River Street from time to time since it opened, and have never had to wait in a line at the register or search for a place to park out front. The store is never really busy. How about this - let's replace that Shaw's with a Market Basket (since who knows when/if we'll get one at the Poloroid site), retain and retrain the current employees, and see what happens! I'd call it a win-win.