Mars Super Markets, a family-owned fixture in Baltimore's grocery landscape since the 1940s, will close its stores this summer, laying off hundreds of employees amid declining sales and intense competition.
While Weis Markets agreed this week to buy five of the chain's 13 stores, the eight remaining stores will close July 31, Rosedale-based Mars said Wednesday.
"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 Wednesday by The Baltimore Sun. "We have tried cutting costs everywhere we can while preserving jobs and benefits, but it has not been enough."
To read the rest of the story, please go to: The Baltimore Sun
