Two Dahl’s grocery stores are closing in what the company calls a strategic business decision.
Dahl’s Foods released a statement Friday morning announcing the closing of the Ankeny and Ames locations. Poor performance of the stores is cited as one of the reasons for the closures.
“This is a strategic business move; one that we feel will help us continue to provide customers in greater Des Moines the best grocery experience possible. And, it’s a smart long-term business direction for Dahl’s and our employee-owners,” says CEO Craig Moore.
The closing dates of the stores have not been set but both stores will stay open until the inventory is sold. About 45 full-time and 80 part-time employees will be affected by the closings but all are being offered jobs at other Dahl’s stores.
The Iowa Grocery Industry Association says local grocery chains like Dahls, Hy-Vee and Fareway are all fighting to make money to stay in business..
“This level of competition does put pressure on retailers. On average, Iowa grocers operate within a one percent profit margin,” – IGIA President Michelle Hurd explained.
Dahl’s plans to sell both closed locations.