{"id":35032,"date":"2022-02-22T10:36:43","date_gmt":"2022-02-22T15:36:43","guid":{"rendered":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/?p=35032"},"modified":"2022-02-22T10:36:43","modified_gmt":"2022-02-22T15:36:43","slug":"stewarts-shops-plans-construction-of-many-new-stores-plus-renovated-shops-in-2022","status":"publish","type":"post","link":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2022\/02\/stewarts-shops-plans-construction-of-many-new-stores-plus-renovated-shops-in-2022\/","title":{"rendered":"Stewart\u2019s Shops Plans Construction Of Many New Stores, Plus Renovated Shops, in 2022"},"content":{"rendered":"
\"\"
Stewart\u2019s Shops is pursuing capital projects at 20 retail shop sites in 2022 including this new store, being built directly behind an older facility on Broad Street in Glens Falls.<\/figcaption><\/figure>\n

By Paul Post<\/p>\n

Stewart\u2019s Shops is pursuing another year of aggressive capital projects by putting stores in seven new markets, and replacing older facilities with large new buildings at 13 other sites including one on Broad Street in Glens Falls.<\/p>\n

This comes on the heels of $50 million the Saratoga Springs-based company spent last year for construction on 18 shops, of which 12 were replacements, the company said.<\/p>\n

The other six previously belonged to the Central New York-based Blueox Neighborhood Market convenience store chain, which Stewart\u2019s purchased and rebranded as its own.<\/p>\n

But retail shop upgrades are only one part of the company\u2019s capital program. \u201cWe are continuing to invest in our manufacturing facility in Greenfield,\u201d spokesperson Erica Komoroske said. \u201cWe recently completed a 54,000-square-foot dry warehouse expansion project and we are currently expanding our deli cooler to address our ever growing customer demand for expanded food-to-go options.\u201d<\/p>\n

Founded in 1945, Stewart\u2019s is among the Top 25 convenience store chains in America with 354 shops across 32 counties in New York and Vermont. Its territory stretches from Canton near the Canadian border, west to Oswego County, south to Orange County in the lower Hudson Valley, and east to Rutland, Vt.<\/p>\n

The firm employs about 5,000 people, 4,400 in shops and 600 between its manufacturing and administrative departments, according to the company.<\/p>\n

Dun & Bradstreet Business Directory says Stewart\u2019s has gross sales of about $1.67 billion per year.<\/p>\n

<\/span><\/span>The new shop on Broad Street in Glens Falls is scheduled to open this year, directly behind the old one that will be razed to make room for gas pumps, which the site doesn\u2019t have now.<\/p>\n

Also in the immediate Glens Falls area, a shop near the intersection of Quaker Road and Dix Avenue in Queensbury, is being remodeled and enlarged.<\/p>\n

Other projects, in various stages of approval, are scheduled for 2022 throughout the company\u2019s market territory including several in Saratoga County. These are:<\/p>\n

\u2022\u00a0<\/span><\/b> In Malta, relocation of existing shop to south with addition of gas. Approvals under way.<\/p>\n

\u2022\u00a0<\/span><\/b> On Marion Avenue, Saratoga Springs, submitting project plans shortly.<\/p>\n

\u2022\u00a0<\/span><\/b> On Weibel Avenue, Saratoga Springs, partially through approval process; doing DOT improvement with change to traffic signal.<\/p>\n

\u2022\u00a0<\/span><\/b> On South Broadway, Saratoga Springs, project submitted for approvals.<\/p>\n

Shop replacements are also slated for Sharon Springs, South Potsdam, Ilion, Burdeck Street in Rotterdam and Mohawk Avenue in Scotia.<\/p>\n

\u201cWe are still working to secure approvals on new-to-market shops for 2022,\u201d Komoroske said. \u201cThere are many factors that come into play when determining locations for new shops including proximity to our manufacturing plant, traffic patterns, needs of community and competitive landscape.\u201d<\/p>\n

\u201cDue to our vertical integration, our expansion will radiate out from our current footprint,\u201d she said. \u201cWe do not anticipate making any leaps far outside of our distribution network.\u201d<\/p>\n

Each new-to-market shop creates 10 to 12 jobs, the company said.<\/p>\n

Without citing specific numbers, Komoroske said the COVID-19 pandemic has definitely impacted expansion plans.<\/p>\n

\u201cSupply chain issues have certainly delayed both the start and completion of projects,\u201d she said. \u201cWe\u2019ve had to remain flexible and use alternative materials versus preferred ones to keep projects on track.\u201d<\/p>\n

But most municipalities have returned to regular in-person meetings, so the planning and approval process is getting back to a new normal, she said.<\/p>\n

For new construction, Stewart\u2019s hires outside local contractors, which provides a significant economic impact. Most remodeling jobs are done by in-house crews, Komoroske said.<\/p>\n

Stewart\u2019s recently announced the closure of one store on Central Avenue in Albany. Closures most often occur at sites where space isn\u2019t available to expand services such as fuel and hot foods, Komoroske said.<\/p>\n

\u201cWe have no immediate plans to close any other shops,\u201d she said.<\/p>\n","protected":false},"excerpt":{"rendered":"

By Paul Post Stewart\u2019s Shops is pursuing another year of aggressive capital projects by putting stores in seven new markets, and replacing older facilities with large new buildings at 13 other sites including one on Broad Street in Glens Falls. This comes on the heels of $50 million the Saratoga Springs-based company spent last year […]<\/p>\n","protected":false},"author":89,"featured_media":35033,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"yoast_head":"\r\nStewart\u2019s Shops Plans Construction Of Many New Stores, Plus Renovated Shops, in 2022 - Glens Falls Business Journal<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2022\/02\/stewarts-shops-plans-construction-of-many-new-stores-plus-renovated-shops-in-2022\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Stewart\u2019s Shops Plans Construction Of Many New Stores, Plus Renovated Shops, in 2022 - Glens Falls Business Journal\" \/>\r\n<meta property=\"og:description\" content=\"By Paul Post Stewart\u2019s Shops is pursuing another year of aggressive capital projects by putting stores in seven new markets, and replacing older facilities with large new buildings at 13 other sites including one on Broad Street in Glens Falls. 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