Grocery store chain closes flagship location for good after company posted first loss in 30 years in ‘sobering’ news ...Middle East

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A GROCERY chain has announced plans to shut its flagship store – just months after the company reported its first loss in three decades. The PCC Community Markets outlet in downtown Seattle will close for good on January 31. GettyA grocery store in downtown Seattle is set to close (stock)[/caption] CEO Krish Srinivasan revealed that the store has been “unprofitable” and admitted he doesn’t expect it to change anytime soon, per The Seattle Times. He said: “Since continued losses pose a significant financial risk to our co-op’s long-term viability, we are acting now.” Around 80 workers are set to be impacted by the store closure and they will be offered new roles. The store i

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