Natural Markets Food Group to close its six Fresh & Green stores in District of Columbia, Maryland, saying stores were unprofitable; NMFG acquired the former SuperFresh stores from A&P in 2011, reopened them under Fresh & Green banner
IRVINGTON, New York
December 3, 2013
The Natural Markets Food Group (NMFG), parent company of Fresh & Green’s grocery stores, announced today that it has decided to close its six Fresh & Green’s stores in the District and Maryland. The stores will wind down operations and all will be closed by the end of December 2013.
NMFG acquired the former SuperFresh stores from A&P in 2011 and reopened them under the Fresh & Green’s banner, operating one location on 48th Street, NW in the District and five stores in Baltimore, Chestertown, Arnold, Brunswick and Cambridge.
NMFG Chief Executive Officer Robin S. Michel said of the closing, “This was a very difficult business decision. Since the Natural Markets Food Group acquired Fresh & Green’s we have worked diligently to create a sustainable business model for the stores. Unfortunately, despite our best efforts, the stores remained unprofitable. Closing stores is never easy, given the impact on employees and the communities they serve…but there are times when it is necessary, and this is such a time. We’ve reached the point at which continuing to operate these stores does not make financial sense for the company. We are very appreciative of the work done by the employees who have worked at the Fresh & Green’s store locations, some for many years, and we pledge our commitment to provide assistance to them.”
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