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Asolica > Blog > Finance > 78-year-old grocery retailer chain closes its first location ever
Finance

78-year-old grocery retailer chain closes its first location ever

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Last updated: February 5, 2026 9:49 pm
Admin
2 months ago
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78-year-old grocery retailer chain closes its first location ever
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Regional and nationwide grocery retailer chains frequently consider their portfolios of places to find out if protecting sure websites open makes financial sense.

Contents
  • Meals inflation rises, income stalls
  • Gelson’s sells location to Kroger
  • Worth Chopper closes location
  • Cosentino’s provides affected workers different positions
  • Cosentino’s grocery shops:

Chains will probably designate underperforming or unprofitable items for closure when a web site’s lease is about to run out. If it is a dire state of affairs, an organization may shut a location lengthy earlier than a lease expires.

These retailer closures are often an enormous disappointment to longtime consumers.

Grocery shops face an array of challenges to stay worthwhile, together with competitors from regional and nationwide grocery store chains, rising prices of merchandise and labor pushed by inflation, customers’ altering attitudes towards merchandise, and lease charges that do not make financial sense.

Meals inflation rises, income stalls

Supermarkets confronted elevated food-at-home inflation after the 2020 Covid-19 pandemic, rising by 11.4% in 2022 and 5% in 2023, whereas income peaked solely 0.5% greater in 2022 year-over-year, earlier than falling beneath 2021 ranges in 2023 and 2024 and recovering in 2025, based on knowledge from IBISWorld.

West Sacramento, Calif.-based regional grocery chain Raley’s Firms, which operates 235 shops below a number of banners in seven states, confronted many of those similar points.

The corporate evaluated a Raley’s location in Roseville, Calif., and a Nob Hill Meals unit in Mountain View, Calif., and in January 2026 determined to shut each shops on account of expiring leases, TheStreet’s Fernanda Tronco reported.

Gelson’s sells location to Kroger

In some instances, a grocery chain will hand over on an unprofitable location and promote it to a rival to take away a monetary legal responsibility from its books.

Encino, Calif.-based regional chain Gelson’s posted a message on its web site that it could shut its Carlsbad, Calif., location on El Camino Actual on Feb. 28, 2026.

Gelson’s, which operates 29 shops in Southern California, will promote the shop to Kroger, which is able to rework the placement right into a Ralph’s grocery store on March 9, Grocery Dive reported.


Cosentino’s plans to shut a Worth Chopper retailer in Overland Park, Kan.

S

Worth Chopper closes location

And now, 78-year-old grocery chain operator, Cosentino’s Meals Shops, is closing down a Worth Chopper location in Overland Park, Kan., marking the primary retailer it has closed in its historical past.

Cosentino’s Meals Shops, which operates 24 Worth Chopper, 3 Solar Contemporary, 3 Cosentino’s Markets, 2 Apple Market, and a Market 48 Liquor, stated it is going to shut the Worth Chopper at 119th Road and Metcalf Avenue in February after it completes a liquidation sale, which started Jan. 28.

The family-owned grocery operator stated the closing comes because it plans to take a position $40 million within the Kansas Metropolis space by way of remodels and new places in 2026.

The corporate didn’t give a selected purpose for closing the placement.

Extra closings:

  • Bankrupt restaurant chains completely shut in style places
  • Main retail chain closes 35 shops nationwide, no chapter
  • One other main retail chain closes warehouse operations

The Overland Park-based firm will reveal additional particulars within the coming months, based on KCTV-5.

“For nearly 80 years, the Cosentino family has built lasting relationships with our customers, our team members, and the communities we serve,” Proprietor John Cosentino, vice chairman of Cosentino Group Inc., stated.

Cosentino’s provides affected workers different positions

Workers of the closing retailer will probably be provided positions at one in every of Cosentino’s different shops within the space, the corporate stated.

“Cosentino values the dedication and hard work of its employees and is committed to supporting them through the transition,” the corporate stated.

Cosentino’s Worth Chopper chain just isn’t affiliated with Schenectady, N.Y.-based Northeast Grocery, which operates Worth Chopper, Market 32, and Tops Pleasant Markets in New York, Massachusetts, Vermont, Connecticut, Pennsylvania, and New Hampshire.

Cosentino’s grocery shops:

  • Worth Chopper, 24 places
  • Solar Contemporary, 3 places
  • Cosentino’s Market, 3 places
  • Apple Market, 2 places
  • Supply: Cosentino’s

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