Fresh & Easy Stores Closing with 3,000 Layoffs
Fresh & Easy is a 2007 grocery chain that has struggled for several years in Southern California has started closing its business. Other stores such as Sprouts, Trader Joe's and Whole Foods were tough competitors for Fresh & Easy
As I drove by the Yucaipa store and later the Calimesa store, they both had signs posted that they were closing the doors and selling off the fixtures.
A Fresh & Easy spokesperson said that Fresh & Easy didsn't have enough cash and couldn't obtain financing to continue operating the business though the company had been turning around their finances but just couldn't survive the market. The company operates 97 stores in California, Nevada and Arizona. Southern California is home to 54 locations. Stores are currently being liquidated and closed.
State-mandated WARN Act layoff notices have gone out to about 3,000 employees.
The good news here is a new grocery chain named 'Aldi's" is opening 45 stores in Southern California. Hopefully some of the laid off employees can secure jobs as the holidays are such a horrible time to be out of work.
Thanks for Reading my Real Estate Blog........
Need a Great Realtor in San Bernardino & Riverside?
Google me here...Kristin Hamilton 909.557.6966.
CDPE, SFR, CHS, BPOR, BA , GREEN
Sun Lakes Realty, Kristin Hamilton BRE-01492138