Retailers

Albertsons to Close Unprofitable Texas Stores in 2019

Retailer shuttering two Dallas-area locations, making way for new stores
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Albertsons Cos. is restructuring its Southern Division, plans for which include the closure of unprofitable stores. The retailer will shutter two Dallas-area locations in January, according to local news reports.

The closures include one Tom Thumb store, located at 3535 Belt Line Road in Irving, Texas, which the company plans to sell, as well as one Albertsons store, located at 4126 S. Carrier Parkway in Grand Prairie, Texas.

The Boise-based company reportedly informed store employees of the closures just days before the Dec. 1 closings of four additional Texas stores, including Albertsons at 10800 N. Beach St. in Fort Worth; Albertsons at 1300 Beltline Road in DeSoto; Tom Thumb at 2600 Flower Mound Road in Flower Mound; and Tom Thumb at 820 South MacArthur Blvd. in Coppell.

Connie Yates, spokeswoman for Albertsons, told Dallas News that there are no plans for additional store closures, and that the company is working with employees from the closing locations to place them at nearby Albertsons and Tom Thumb stores.

The move is part of Albertsons’ strategic growth plan to shutter underperforming locations to make way for new stores, including two Tom Thumb Dallas locations that are currently in development, tactically located on the ground floors of high-rise residential buildings, according to Dallas News. The retailer also recently restructured its Arlington regional office, including staff reductions, as well as remodeled the Tom Thumb store located across the street from the closing Albertsons on South Carrier Parkway. The store will have a grand reopening Dec. 5.

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