Our forum runs best with JavaScript enabled !

Organic does not work ?

View previous topic View next topic Go down

Organic does not work ? Empty Organic does not work ?

Post by 8DonCo on Tue Jan 28, 2020 1:40 pm

Lucky's Market, the niche grocery chain that bills itself as "organic for the 99%," filed for bankruptcy protection Monday, the latest in a string of grocery store bankruptcies.

The grocer said it agreed to sell six stores to discount grocer Aldi and five to Publix. Lucky's said it will continue operating seven stores through bankruptcy. Last week, it announced plans to shutter more than 30 stores around the country.

The bankruptcy is a sign of mounting pressure on small and regional grocers in an industry with wafer-thin margins. Grocery stores are trying to make costly investments to expand online, while also facing pressure from specialty and discount grocers.

Founded in 2003 in Boulder, Colorado, by former chefs with farmers market-style stores and gourmet food, Lucky's attracted the interest of large grocery chains as it grew, including Kroger. In 2016, Kroger (KR) invested in Lucky's, which at the time had 17 stores.

"Lucky's approach is very much aligned with our efforts to provide affordable, fresh, organic and natural foods as part of our customer-first strategy. We expect to learn a lot from each other," Kroger CEO Rodney McMullen said at the time.

Organic does not work ? C7f64202b0357f04c779d805f437c5fc

Organic does not work ? JQrjmZ


Back to top Go down

Organic does not work ? Empty Re: Organic does not work ?

Post by Jen-Lo on Tue Jan 28, 2020 2:17 pm

Chợ này đi chán lắm. Ngoài ra còn tiệm Sprout cũng chán nửa.



Back to top Go down

View previous topic View next topic Back to top

Permissions in this forum:
You cannot reply to topics in this forum