Hannaford to take over Stop & Shop's Exeter space
The supermarket will take over the 65,000-square-foot store at 141 Portsmouth Ave., that was left vacant when Stop & Shop closed its six New Hampshire stores in September.
Market Basket is the only grocery store chain that has continued to open new stores in New Hampshire in recent years.
It will be the only grocery store in town. It'll face competition from nearby Market Basket and Shaw's locations on Portsmouth Avenue in Stratham.
According to the company, the addition of the Exeter store will bring its total number of New Hampshire stores to 34. Hannaford will now have more grocery stores in New Hampshire than any other chain. With the new location, Hannaford will have a total of 184 supermarkets in Maine, Massachusetts, New Hampshire, New York and Vermont.
"They are a major player in the area, and we think they will be a great fit. We're really glad the space didn't stay vacant for too long. We have understood for a few months there was quite a bit of action on the property, but we weren't sure who it was going to be until the announcement was made. We're really looking forward to having them here," Exeter Town Manager Russell Dean said.
"Hannaford has a strong presence in New Hampshire and has proven themselves to be a generous and engaging community member," he said.
"After all, food is one of the top three expenses for the average family and competition usually challenges the competitors to deliver better products and services at lower prices," he said.
- How much more would prices have to rise before you'd consume less?
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