Mars to close all remaining stores

Mars Super Markets will close its eight remaining stores this summer, marking the end for the family grocer.

The market has operated since the 1940s but failed to maintain profitability in the increasingly competitive market. Mars explored a sale – and Weis Markets has agreed to buy five locations, according to The Baltimore Sun – but the eight unclaimed stores will shutter.

"As you all know, the company has been struggling with declining sales for several years," Chris D'Anna, Mars chairman and CEO, wrote in a memo to employees obtained by The Baltimore Sun. "We have tried cutting costs everywhere we can while preserving jobs and benefits, but it has not been enough."
All of the locations are in and around the Baltimore market.

Consolidation among supermarkets has been fierce as Kroger continues to grow its national footprint with acquisitions and smaller regional chains are either gobbled up or closed.

For more:
- see this Baltimore Sun story

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