Philadelphia-born unicorn Misfits Market is closing its South Jersey distribution center in a move that results in 446 layoffs, part of a larger consolidation plan by the five-year-old startup.
In addition to the Delanco location, the grocery delivery company will shutter fulfillment centers in Salt Lake City and Dallas, both of which opened in the past two years. The closures will ultimately result in the company trimming its workforce by 649, or 33% of its employee base, said Ken Shuman, a spokesman for Misfits Market.
The move comes following the acquisition of San Francisco-based Imperfect Foods in September and the implementation of a new strategy centered on leveraging smaller, local fulfillment centers, Shuman said. He added that Misfits Markets’ headquarters would remain in Delanco until mid-May. It’s unclear where the office will relocate to.