The Bottom Dollar Food stores in Montgomeryville and Chalfont will close by mid-February.
Delhaize Group, which owns Bottom Dollar Food and Food Lion, announced Thursday that it is also closing 33 Sweetbay stores in Florida and eight Food Lion stores in North Carolina, South Carolina and Virginia.
About 2,000 employees will be displaced in the closures.
Chief Financial Officer Pierre Bouchet said the Bottom Dollar Food stores were “loss-making stores.”
The closure of the three Bottom Dollars — the third is in Reading — and the Sweetbay and Food Lion stors will bring in about $40 million in underlying profits, according to Delhaize America.
The nearest Bottom Dollar Food will soon be in Ambler Borough, where a store development is in the works.
The Bottom Dollar Food location in Montgomeryville opened in late 2010.