RALEIGH National basic need chain Kroger reported Wednesday that it would close its stores in the Triangle.
The Cincinnati-based food merchant, which claims territorial food merchant Harris Teeter, said it would close an aggregate of 14 stores by Aug. 14.
The organization said in regards to 1,500 representatives would be influenced, the greater part of which is low maintenance.
In its discharge, Kroger said that the Triangle showcase has an excessive number of markets.
“After a thorough evaluation of the market for a significant time period, we have decided to close our stores in the highly competitive Raleigh-Durham market,” said Jerry Clontz, president of the Mid-Atlantic Division of Kroger, in a statement. “While we have had some success, we have not been able to grow our business the way we would like in this market.
“The retail environment is challenging and changing in Raleigh-Durham,” Clontz said. “Many retail analysts say the Raleigh-Durham market is overstored.”
Kroger said it intends to offer every one of the 14 stores. It is right now under contract with Food Lion for one store, Crunch Fitness for one store and Harris Teeter for eight stores.
Harris Teeter said it would rebuild those Kroger areas after the Kroger stores shut in August. It included that drug stores at five of those areas would stay open amid the renovating.
“Kroger has a long tradition of operating in this area, as does Harris Teeter” said Danna Robinson, communication manager for Harris Teeter, in a statement. “Our valued associates have proudly served these Raleigh-Durham communities for decades, so these store locations are especially attractive to us. We plan to invest in remodeling a number of these locations to better serve our shoppers in this growing and vibrant market.”
The locations of the eight stores that Harris Teeter has agreed to acquire are:
Crunch Fitness will gain the store at 6300 Creedmoor Road in Raleigh and Food Lion will obtain the store at 7905 Falls of Neuse Road in Raleigh, the organization said.
Thomas Guastello, leader of Center Management, the land organization that claims the 350 E. Six Forks Road Kroger works in Raleigh, said that while the end came as a shock, he had known that Kroger was reexamining the circumstance in the Triangle.
“We had been very pleased with their sales” numbers, he said. “They had been continuing to grow sales there. It’s an excellent location, and we kind of thought they would have been around for a while.”
The eventual fate of the 90,000-square-foot Six Forks area is vague now, however Center Management has officially gotten enthusiasm for the store, Guastello said.
Guastello included that the landing of a Wegmans supermarket over the road may have affected the organization’s choices, not to put a Harris Teeter in its place.
“I know they presented it to (Harris Teeter), but they declined to come there,” he said. “They would be right at the doorstep of a fierce competitor.”