An unexpected company is now cutting 141 jobs in Maryland, according to a recently filed WARN notice with the state.
SpartanNash is shutting down a plant in Landover, Maryland, according to a recent WARN Notice in Maryland.
The closure will impact a total of 141 workers.
It’s important to note that under the Worker Adjustment and Retraining Notification Act (WARN), employers with more than 100 employees must give at least 60 days’ notice of facility closures or mass layoffs.
“As part of our continuous improvement, we regularly evaluate our supply chain network to identify ways to operate more efficiently and effectively.
The changes we’ve made to our ways of working have positioned us to enhance the support we provide to our customers and to grow,” SpartanNash said in an emailed comment when asked about the closure.
The WARN notice lists the effective date for the layoffs as Sept. 30, though it’s unclear if that’s the date the facility will close.
The company said it is “committed to ensuring this is a smooth transition for our Associates and customers.”
SpartanNash Military, a division of SpartanNash that delivers products to U.S. military commissaries and exchanges, noted that the Landover facility became operational in 2012.
The facility was at the time run by Nash Finch, which merged with Spartan Stores in 2013 to form SpartanNash.
The facility closure marks the latest in a string of distribution center changes for the grocery wholesaler and retailer in recent years.
In mid-2022, SpartanNash announced the nearly $30 million sale of four distribution facilities in Indiana, North Dakota, Florida and Ohio to investment firm Provender Partners.
Earlier that year, the grocery wholesaler and retailer expanded its distribution footprint to the West Coast by launching operations out of Coastal Pacific Food Distributors’ 500,000-square-foot, multi-temperature distribution center in Stockton, California.
At the start of last year, SpartanNash added a 300,000-square-foot distribution center in Menominee, Michigan, to its portfolio of facilities with the acquisition of independent grocery wholesaler Great Lakes Foods.
SpartanNash’s website lists 20 distribution centers spanning more than a dozen states, including the Landover center and facility with Coastal Pacific Food Distributors.
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Other Economy News Today
Applications for unemployment benefits now surge to new highs, a sign that the white-hot labor market is starting to cool off.
First-time applications for unemployment benefits rose last week to 231,000, the highest level since August, per CNN.
Thursday’s data also showed that the number of continuing claims, or applications from people who have filed for unemployment for at least one week, was 1.78 million.
That’s an increase of 17,000 from the prior week, according to the Bureau of Labor Statistics.
The latest numbers come less than a week after the monthly jobs report showed the US economy added just 175,000 positions in April, less than economists expected and a steep drop-off from prior months.
US employers have now added an average of 245,500 jobs per month, versus 2023’s 251,000-per-month average.
Still, hiring remains strong. Although the unemployment rate ticked up to 3.9% last month, it’s the 27th consecutive month that the jobless rate has held under 4%, matching a streak last seen in the late 1960s.
Weekly jobless claims data tends to be volatile but, while one week’s worth of data “does not a trend make,” said Chris Rupkey, chief economist at Fwdbonds.
“We can no longer be sure that calm seas lie ahead for the US economy if today’s weekly jobless claims are any indication.”
“Company layoffs are picking up, hinting at caution on the part of companies as they weigh the outlook for the second half of the year,” he wrote in a note Thursday.
The Federal Reserve has been battling inflation by raising its key lending rate in the hopes of slowing the economy.
While the labor market has so far resisted those efforts, remaining white hot for the past 18 months despite 11 rate hikes from the central bank, Fed Chair Jerome Powell said last week that demand has “cooled from its extremely high level of a couple of years ago.”
Ian Shepherdson at Pantheon Economics said in a note Thursday: “We’d need to see at least a month of elevated readings to convince us that the trend really has turned.”
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Also Read: A Giant Company Now Announces Unexpected Layoffs in Virginia
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