C-Store Distributor Closes Wholesale Doors
Published in CSP Daily News
Reid's will keep cigarette stores open
BANGOR, Maine -- A wholesale distribution center that has served small stores in northern Maine for nearly 50 years closed its doors Friday, reported the Bangor Daily News.
Reid's Distribution Center, formerly known as Reid's Confectionary, decided to shut down its wholesale business. Robert Nagle, Reid's chairman and CFO, on Thursday told employees that the next day would be their last day of work with the firm, said the report, citing people close to the company.
Randy Lloyd, president of Reid's, confirmed for the newspaper [image-nocss] Friday that the wholesale side of the company was closing permanently at the end of the day. He said the company's Cigaret Shopper retail stores would stay open. Lloyd declined comment about why the distribution center is closing and the short notice reportedly given to employees that the distribution center was closing down.
Reid's, which has supplied independent grocers and convenience stores with tobacco, candy, food and convenience products, employed 45 people at its sole distribution center, the report said.