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Lucky’s Market Closing Most of Its Stores

by Nicholas Saraceno | January 27, 2020

The regional grocery chain Lucky’s Market is closing most of its stores and laying off thousands of employees in a matter of weeks, the Sun Sentinel reported on Jan. 21.

The 17-year-old company has about 39 stores in 10 states.

Lucky’s plans to close 32 of those stores by Feb. 12 and lay off about 2,500 employees, according to the Sun Sentinel’s report. The chain also has stores in Colorado, Georgia, Indiana, Kentucky, Michigan, Missouri, Montana, Ohio and Wyoming.

The decision to close dozens of stores comes after Kroger announced in December that it planned to divest its stake in Lucky’s, which advertises the tagline “organic for the 99 percent.”

Kroger invested an undisclosed amount in the grocery chain in 2016.

For more information, visit https://www.luckysmarket.com/.

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