By SCOTT JACKSON
The Big Y store in North Quincy will close its doors for good on Aug. 28 after the company was unable to negotiate a lease extension.
A spokeswoman for the Springfield-based chain of supermarkets said it would be closing its location at 475 Hancock St. because it was unable to negotiate a lease extension with the owner of the property. The company is looking at other possible locations in Quincy and nearby communities.
Current store employees will be offered positions at other Big Y locations, the spokeswoman said, or a bonus if they do not wish to work at a different location.
Big Y first came to Quincy in September 2016 when the company purchased eight stores from Hannaford, which formerly operated the grocery store on site. Big Y purchased the Hannaford locations following the merger of the parent companies that own Hannaford and Stop & Shop.