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Stop & Shop Announces $140M Capital Investment In NYC Stores

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Last updated on June 17th, 2022 at 10:07 am

Stop & Shop announced a $140 million capital investment in its New York City stores to improve the shopping experience for local customers with a focus on adding thousands of new items from around the globe to ensure the assortment at each store reflects the diversity of the neighborhood it serves.

Stop & Shop’s Bay Plaza store in the Bronx is the first to be remodeled and celebrated its grand reopening with a ribbon cutting June 10, with additional store upgrades across the boroughs taking place over the next two years. In addition to the investment in its stores, Stop & Shop has committed $1 million to fight food insecurity across New York City this year through several local initiatives and community partnerships.

“We’re proud to make such a significant investment in New York City, and we’re excited to show customers that we can be the one-stop shop for everything they need and that we’re delivering great value, particularly in this current economic environment,” said Gordon Reid, president of Stop & Shop.

“We’re also committed to fighting hunger in the boroughs and as part of our $1 million commitment, we’re investing nearly half a million in the city’s public schools and colleges to ensure local students have consistent access to healthy food so they can succeed in the classroom and beyond.”

At the center of Stop & Shop’s enhancements to its New York City stores is an expanded assortment of new items across the store to better meet the needs of the diverse neighbors it serves. Stop & Shop’s Bay Plaza store, for example, will feature a new “Global Market” with authentic products from 14 different regions tailored to its neighbors and for those looking for products for globally inspired cooking.

The Global Market will include a wide array of West Indian and Caribbean products, including items specific to Puerto Rico, the Dominican Republic and Jamaica, plus Halal meat, dairy and grocery items. As part of the Maspeth, Queens, remodel, Stop & Shop will expand its Chinese and South American offerings and Sheepshead Bay customers will enjoy more Eastern European and Kosher foods.

Additionally, stores will also offer hundreds of items locally made in the New York Metro area, including West African fonio chips from NYC-based Yolélé and Mike’s Amazing vegetable oils and mayonnaise.

Stop & Shop’s New York City stores will offer more sale bins and special values on relevant products highlighted in a New York City-specific weekly circular ad. Stop & Shop is also the first retailer in the five boroughs to offer Flashfood, which gives customers access to items nearing their best-by date at discounts up to 50 percent off. Flashfood will launch at the Bay Plaza store on June 10 and will expand to other New York stores later this year.

Stop & Shop is also making an investment in the community outside its stores with a $1 million pledge in 2022 to fight food insecurity across the boroughs. A decades’ long partner of Food Bank for New York City, Stop & Shop will once again be sponsoring the food bank’s mobile pantry – an eight-week-long distribution of fresh produce and pantry staples – that will kick-off in Ozone Park, Queens, on June 24.

Stop & Shop is also launching a new food security initiative in partnership with Montefiore Hospital and Quincy Asian Resources set to begin at PS199X in South Bronx and is expanding the Stop & Shop School Food Pantry Program in the boroughs. The program was established to help limit barriers impacting students’ ability to succeed in the classroom by making sure that they have consistent access to food. By year-end, Stop & Shop will support more than 30 in-school pantries across New York City.

To learn more, visit stopandshop.com.

To view the photo gallery from the event presented by The Shelby Report, click here.

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