Kroger, who hasn’t heard about it? While, it is one of the largest and known grocery store chain in America. Now, according to the news the Kroger Delta Department announced the closure of its Race Avenue store in Searcy on Thursday. The reason behind closing this store is due to faltering sales, but is it so?
While, here’s the official statement from Kroger store. After 46 years of service, Kroger Delta announced the closing of its Race Avenue store in Searcy on Thursday, March 12th.
The company said the shutdown was due to poor performance and faltering sales for nearly a decade. The store is expected to officially close on May 1, 2021.
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Kroger store said that “Every year, we evaluate our stores and their success in the communities they serve,” said Victor Smith, president of the Kroger Delta division. “The closing of the store is a difficult decision that we take seriously. The low financial returns of this store have made it impossible to continue operating while maintaining our commitment to a low price for our customers. Even during the epidemic, the Arkansas store has not performed well and that is why, we made the decision to close.” Searcy Kroger employs 45 employees for both part-time and full-time positions.
“We are grateful for the service and dedication of the colleagues at Searcy Krueger,” Smith added. “Today’s announcement is not being reflected in the Cersei Kroger team. We appreciate their contributions and are working with them to identify jobs at other Kroger stores. Helping our partners during this transition is a top priority,” Smith said. Searcy Kroger opened in 1975 and measures approximately 22,000 square feet, making it one of the 100 smallest stores in the Delta division. What is your take on this? Let us know in the comment section below!