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The Independent UK
The Independent UK
Business
Erin Keller

Grocery chain to close more than 30 stores as CEO blames rapid expansion and food stamps cuts

Grocery Outlet Jason Potter Target

Grocery Outlet Bargain Market, the California-based discount grocer known for its closeout deals, plans to close 36 underperforming stores across the U.S.

Jason Potter, president and CEO of the company, said the closures are a cost-cutting move to correct the chain’s rapid expansion and address changes in SNAP benefits that have affected many of its core customers.

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