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Food Lion closing 113 stores - Live5News.com | Charleston, SC | News, Weather, Sports

Food Lion closing 113 stores including 3 in Mt. Pleasant, Moncks Corner

SALISBURY, NC (WCSC) – Delhaize America, owner of the Food Lion grocery store chain, announced Wednesday that it will close 113 stores, including two in Mt. Pleasant and one in Moncks Corners.

Food Lion will close Mt. Pleasant stores on Long Point Road and Morgans Point Road. In Moncks Corner, the location on Highway 52 at the 52 bypass will close. All affected stores will close within 30 days, according to Food Lion.

Delhaize America will also convert 64 Bloom and Bottom Dollar Food stores in Maryland, North Carolina and Virginia to Food Lion stores.

"Food Lion is focused on repositioning our business for future growth," said Cathy Green Burns, president of Food Lion. "By closing under performing stores, we will continue to position Food Lion for success, especially in light of our brand strategy results. We are very pleased with the reaction from our customers on the implementation of our new brand strategy work, which includes being recognized as a price leader, making our stores easier to shop, offering the greatest value in private brands and providing fresh produce. However, we also determined the most successful markets for these investments are areas where we have strong store density or high market share."

As a result of the closings, approximately 4,900 associates will be displaced nationwide. The company will provide severance to eligible associates, and will work with government officials to assist with transition support. Associates are also encouraged to apply for open positions within the company. Most associates working at converted stores will continue to work at these locations.

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