Fresh & Easy said it will sell 30 stores in Southern California and will redesign the rest, a spokesman for the grocery chain said.
The El Segundo-based company said it was selling locations “that do not meet the criteria of Fresh & Easy’s model of modern convenience,” spokesman Brendan Wonnacott said in a statement.
A total of about 50 stores in California, Nevada and Arizona will be closed. That number is about 30% of the grocery chain’s 167 stores currently operating, Wonnacott said.
The move will allow the company to finance new development and growth, including a new 3,000- to 5,000-square-foot store, Wonnacott said. Fresh & Easy is working with Apple store designer ADMI on the new fresh food convenience store concept, he said.
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