Kroger Mid-Atlantic will exit the Raleigh-Durham market on or about August 14th, closing its 14 stores.
“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. “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,” added Clontz. “Many retail analysts say the Raleigh-Durham market is overstored.”
The closings will impact approximately 1,500 associates, more than half of which are part-time. “We’ve been a part of the Raleigh-Durham market since 1989, and our associates have provided customers with top-notch service,” said Clontz. “Helping them through this transition is our number one priority.
“We’re making every effort to assist our associates in finding employment,” said Clontz. “We will offer job fairs and job placement services to associates. Our associates also have access to our employee assistance programs to help them manage through this process.”
Kroger is selling all 14 stores which are expected to close on August 14th. The Company is currently under contract with Food Lion for one store, Crunch Fitness for one store and Harris Teeter for eight stores. “We are continuing discussions and exploring potential options for the remaining stores,” said Clontz.
Locations of the eight stores that Harris Teeter has agreed to acquire are
- 202 W. NC Hwy 54, Durham
- 3457 Hillsborough Rd., Durham
- 5116 N. Roxboro Rd., Durham
- 1273 N.W. Maynard Rd., Cary
- 8345 Creedmoor Rd., Raleigh
- 940 US Hwy 64, Apex
- 1802 North Point Dr., Durham
- 1371 E. Broad St., Fuquay-Varina.
Crunch Fitness will acquire the store at 6300 Creedmoor Rd., Ste. 150, Raleigh. Food Lion will acquire the store at 7905 Falls of Neuse Road, Raleigh. The transactions described remain subject to customary closing conditions.
Here’s all the stores that will be closed/sold in the Raleigh/Durham market:
- 202 W. NC Hwy 54, Durham
- 3457 Hillsborough Rd., Durham
- 5116 N. Roxboro Rd., Durham
- 1273 N.W. Maynard Rd., Cary
- 8345 Creedmoor Rd., Raleigh
- 940 US Hwy 64, Apex
- 1802 North Point Dr., Durham
- 1371 E. Broad St., Fuquay-Varina
- 6300 Creedmoor Rd., Ste. 150, Raleigh
- 7905 Falls of Neuse Road, Raleigh
- 2680 Timber Drive, Garner
- 350 Six Forks Road, Raleigh
- 3420 Southwest Durham Drive, Durham
- 3825 S. Roxboro St., Ste. 101, Durham
Image: Jonathan Weiss / Shutterstock.com