Dive Brief:
- The Raley’s Companies plans to close three stores under its Raley’s banner and one under its Nob Hill Foods banner, Chelsea Carbahal, a spokesperson for the grocer confirmed to Grocery Dive.
- Under the Raley’s banner, the Brentwood, California, store is set to close on Nov. 3, followed by the Elko, Nevada, location on Dec. 8, and the Petaluma, California, location on Jan. 26, 2027. The Nob Hill Foods in Los Gatos, California, is expected to close at the end of June 2027.
- The four scheduled closures come just a few months after Raley’s closed three stores.
Dive Insight:
Carbahal said the closures are not tied to a broader effort to reduce its store fleet.
“A variety of factors contributed to these store closures, including local market conditions and the long-term financial sustainability of these locations,” Carbahal wrote. “Thoughtful stewardship sometimes means opening stores, and sometimes it means making difficult decisions to close them.”
Carbahal said that the anticipated Nob Hill Foods closure in Los Gatos is due to the landlord terminating the grocer’s lease…