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Bonney Lake Albertsons to Close at End of Year

The Minnesota-based Supervalu Inc. said today it plans to close 60 underperforming stores nationwide, including the Bonney Lake Albertsons location.

News broke today that several grocery stores will shut down in the South Sound, including the Bonney Lake Albertsons. The Minnesota-based chain Supervalu Inc. announced they will close 60 underperforming stores nationwide.

Sources close to Patch say the local location will close in December of this year and will cost the city about $32,000 in sales tax revenue, not including the impact on local jobs.

The struggling business reported low first-quarter profits, according to stock numbers. In June, Supervalu Inc. stock had fallen by half. The company had also replaced it's CEO this year.

According to The Tacoma News Tribune, workers in closing stores are mostly covered by union contracts and will receive severance benefits will move to another store, as specified in their individual contracts.

What do you think of the closure of Bonney Lake's Albertsons? Will you miss this local grocery store? Tell us in the comments.

Mark C October 30, 2012 at 01:39 AM
I think it might have been market oversaturation (Safeway, Fred Meyers, WalMart, Winco, G.O., Albertsons, Top all in a few minutes drive), more expensive product for the quality and lack of general advertising in the area that might have had as much to do with it as Obama. Not sure that some random guy in Washington DC, no matter which political party, has much to do with the economics of being the least distinguished product in a market which has too many choices.
Joanne October 30, 2012 at 01:52 AM
This was a nice italian restaurant which went out of business and then the Diamond Lounge went in - which did cause issues in the community. My definition of a family friendly business is a place where you can take your family and celebrate birthdays - ie. roller skating, Pump It Up, etc. Right now, the area is lacking that and families are going out of the area and spending a good amount of money in Puyallup, Auburn, Tacoma etc. They need a business like that to keep money local.
Melissa Denny October 30, 2012 at 02:11 AM
Mark C - I can certainly appreciate that. And unfortunately there are pawn shops who simply want to make a profit at anyone's expense. I am sensitive to the burglaries. We were robbed in our location 4 times before our security systems were installed here. We will NOT be a proponent for stolen items and will do everything in our power to help with the apprehension of anyone bringing stolen goods to our store!! Every item brought here is put into a national database for the police to review and we hold them for 3 weeks to a month before putting them out for sale. My recommendation is write EVERY serial number down you have on your items so that we can trace them in the event they come up stolen. Help me to help you. I give out free booklets for firearm serial numbers. I encourage everyone who has a firearm of any kind to come by and get one. If EVER you find something missing, file a police report. Together we can make a difference. And by all means, call me if you have any questions.
Lauren Padgett October 30, 2012 at 02:24 AM
Melissa, Thank you so much for sharing your point of view. I think your tips about staying vigilant are important - it's not just pawn shops affected by retail crime, it's everywhere. I've found some of the coolest stuff in pawn shops and look forward to checking out your store!
Edward James November 12, 2012 at 02:07 AM
What Obama couldn't fix in 4 years he will not fix in 8 years. He is way over his head.

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