Kroger quits Raleigh-Durham market, completing banner's exit from North Carolina

Started by retailisking, June 13, 2018, 12:06:07 PM

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retailisking

Kroger cites lack of growth prospects and overstoring. Eight stores will go to its Harris Teeter subsidiary, one to Food Lion and another to a fitness center operator. Four stores' fates remain up in the air. This move comes after Ikea abandoned plans to build a store in Cary. Is this a sign of things to come for other markets where Kroger and Harris Teeter overlap?

https://www.winsightgrocerybusiness.com/retailers/kroger-pulling-out-raleigh-durham-market