Void Chronicle
  • Home
  • Finance
    • Personal Finance
    • Banking
  • Crypto
  • Energy
  • Markets
  • Medical
  • Political
  • Technology
No Result
View All Result
  • Home
  • Finance
    • Personal Finance
    • Banking
  • Crypto
  • Energy
  • Markets
  • Medical
  • Political
  • Technology
No Result
View All Result
Void Chronicle
No Result
View All Result
Home Markets

Lidl to close 4 Best Markets, open 2 new stores on Long Island

VC by VC
January 9, 2021
in Markets
0
Lidl to close 4 Best Markets, open 2 new stores on Long Island
0
SHARES
75
VIEWS
Share on FacebookShare on Twitter

Lidl this 12 months will shut 4 Greatest Market shops, two of which can be changed by new Lidl shops opening close by, because the low cost grocer finishes placing its stamp on the majority of the 24 Lengthy Island supermarkets it purchased in 2019.

On Lengthy Island, Lidl additionally will end transforming 12 remaining Greatest Market shops that can be transformed to Lidls, together with three that can start present process renovations in February, the grocery store stated in an announcement Friday.

By the tip of 2021, there can be a complete of 23 Lidl shops on Lengthy Island, the corporate stated.

EA Builder

“Households throughout Lengthy Island admire the top quality and unbelievable costs that Lidl presents on daily basis. We’re wanting ahead to persevering with to develop throughout the world this 12 months,” Lidl U.S. Regional Vice President Ysbrand Aukes stated in an announcement.

Of the 4 closing Greatest Markets, two will shutter in February – in Nice Neck, at 40 Nice Neck Rd., and West Islip, at 9 Udall Rd. – because of measurement and leasing necessities, stated Lidl, which might not disclose what these necessities had been.

The 2 different closing Greatest Markets – in New Hyde Park, at 3350 Hillside Ave., and Riverhead, at 1088 Previous Nation Rd. – are also closing in February, however they are going to be changed by new Lidl shops opening by fall. One can be in a part of a former Waldbaum’s grocery store area in Backyard Metropolis Park, at 2475 Jericho Tpke., and the opposite can be in a former Toys R Us retailer in Riverhead, at 1151 Previous Nation Rd., respectively, Lidl spokesman Will Harwood stated.

In every case, the brand new and outdated places are lower than a mile from one another.

The newest LI enterprise information in your inbox Monday by Friday.

By clicking Join, you comply with our privacy policy.

Work already has begun on many of the 12 remaining Greatest Market shops which might be being transformed and transformed to Lidls on Lengthy Island. The final three to bear renovations are in West Babylon (531 Montauk Hwy.), Commack and Shirley. All three will shut subsequent month for renovations and reopen by fall, Harwood stated.

The closing shops’ legacy employees — those that had been employed at Greatest Market when the shops had been bought to Lidl in 2019 — can be supplied employment at close by Lidl shops for a similar or higher wages and advantages, Lidl stated.

Germany-based Lidl made a giant push into the New York market when it purchased 27 New Jersey and New York shops, together with all 24 on Lengthy Island, from Bethpage-based Greatest Marketplace for an undisclosed worth in January 2019. A month earlier, Lidl opened its first retailer in New York State – on Staten Island – in a transfer unrelated to Greatest Market.

Since shopping for the Lengthy Island supermarkets, Lidl has been transforming teams of shops in phases for conversion to Lidl.

It additionally completely closed a Greatest Market in Hicksville in September 2019, and opened two brand-new shops below the Lidl title in Heart Moriches and Plainview in December 2019.

Up to now, there are 9 Lidl shops on the Island, together with these in Huntington Station, West Babylon (725 Dawn Hwy.), Oakdale and East Patchogue.

Lidl is a limited-assortment grocer, like Aldi and Dealer Joe’s. Restricted-assortment shops are smaller than conventional supermarkets and /carry a excessive share of their very own private-label manufacturers.

About 80% of Lidl’s merchandise are its personal private-label manufacturers.

The Lengthy Island shops carry contemporary produce, meat and deli merchandise however not in full-service departments.

Lidl has about 11,200 shops in 32 nations, together with greater than 125 supermarkets in 9 East Coast states in the US.

Newsday reporter Tory Parrish.

Tory N. Parrish covers retail and small enterprise for Newsday. She has labored on the Pittsburgh Tribune-Overview and Observer-Dispatch in Utica, N.Y.



Source link

VC

VC

Related Posts

Stocks Cap Losing Week as Bond Yields Jump
Markets

Stocks Cap Losing Week as Bond Yields Jump

February 27, 2021
Petrol problems – Why the sacking of Petrobras’s boss spooked markets | Finance & economics
Markets

Petrol problems – Why the sacking of Petrobras’s boss spooked markets | Finance & economics

February 26, 2021
Multi-Family Market Sentiment Continues to Be Mixed | Allen Matkins
Markets

Multi-Family Market Sentiment Continues to Be Mixed | Allen Matkins

February 25, 2021
Next Post
Renewable energy will save our future | News, Sports, Jobs

Renewable energy will save our future | News, Sports, Jobs

Looking For Crypto News? | Hacker Noon

Looking For Crypto News? | Hacker Noon

NYC GOP Confronts Political Fallout After Capitol Siege

NYC GOP Confronts Political Fallout After Capitol Siege

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow us on Facebook

Recommended

Bad crypto news of the week

Bad crypto news of the week

4 months ago
Two-Year Results in People with Chronic Pain

Two-Year Results in People with Chronic Pain

3 weeks ago
This fund is betting millions on Kentucky whiskey and turning it into crypto assets. Here’s why

This fund is betting millions on Kentucky whiskey and turning it into crypto assets. Here’s why

2 months ago
Here's where to invest your money in 2021, financial advisors say

Here’s where to invest your money in 2021, financial advisors say

4 months ago

Categories

  • Banking
  • Crypto
  • Energy
  • Finance
  • Markets
  • Medical
  • Personal Finance
  • Political
  • Technology
  • Uncategorized
No Result
View All Result

Subscribe to Our Newsletter

Highlights

Letters, Feb. 27-March 2: Push School District to adopt clean energy goals

Stocks Cap Losing Week as Bond Yields Jump

CME Group Chief Financial Officer, Chief Commercial Officer and Global Head of Commodities and Options Products to Present at Raymond James Virtual Institutional Investors Conference

Smart Ways to Negotiate Your Salary in an Uncertain Economy | Personal Finance

Connecticut Food Bank, Foodshare Emergency Drive-Thru Food Sites Continue into March – NBC Connecticut

Global Medical Tricorder Market Share, Size & Trends Analysis Report, 2020-2027 – ResearchAndMarkets.com

Trending

California stimulus check: Eligibility, how soon your $600 payment could arrive and more
Personal Finance

California stimulus check: Eligibility, how soon your $600 payment could arrive and more

by VC
February 27, 2021
0

Some Californians will get an additional $600 stimulus fee. Sarah Tew/CNET One other stimulus verify is...

Taxi passenger passes note demanding money at bank drive through, police say – KIRO Seattle

Taxi passenger passes note demanding money at bank drive through, police say – KIRO Seattle

February 27, 2021
Crypto in a post-pandemic world

Crypto in a post-pandemic world

February 27, 2021
Letters, Feb. 27-March 2: Push School District to adopt clean energy goals

Letters, Feb. 27-March 2: Push School District to adopt clean energy goals

February 27, 2021
Stocks Cap Losing Week as Bond Yields Jump

Stocks Cap Losing Week as Bond Yields Jump

February 27, 2021

Categories

  • Banking
  • Crypto
  • Energy
  • Finance
  • Markets
  • Medical
  • Personal Finance
  • Political
  • Technology
  • Uncategorized
January 2021
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031
« Dec   Feb »

Recent Posts

  • California stimulus check: Eligibility, how soon your $600 payment could arrive and more
  • Taxi passenger passes note demanding money at bank drive through, police say – KIRO Seattle
  • Crypto in a post-pandemic world
  • Letters, Feb. 27-March 2: Push School District to adopt clean energy goals
  • Stocks Cap Losing Week as Bond Yields Jump
  • Home
  • Privacy And Policy
  • About Us
  • Contact Us

© 2020 - News Website Voidchronicle.

No Result
View All Result
  • Home
  • Finance
    • Personal Finance
    • Banking
  • Crypto
  • Energy
  • Markets
  • Medical
  • Political
  • Technology

© 2020 - News Website Voidchronicle.