After much fanfare, Newark supermarket goes under in a year - KMSP-TV

After much fanfare, Newark supermarket goes under in a year

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NEW JERSEY (MYFOXNY.COM) -

A Key Food supermarket that opened to much excitement and big expectations in Newark a year ago has emptied its shelves and closed up shop, according to the Star-Ledger.

When the store opened, with speeches from then-Mayor Cory Booker and other officials, it was viewed as a much-needed necessity in a low-income neighborhood where residents are forced to do shopping in higher-priced corner groceries and convenience stores.

But the owner cited several problems that contributed to the supermarkets closing, including a long delay by the state in issuing a license to accept WIC food stamps, according to the report.

"That really hurt us," Ahmed said, according to NJ.com. "The WIC accounts for about 15 percent of business."

Click here to read about what else went wrong.

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