YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Kroger plans to lay off 1,500 employees as it sells its 14 stores in the Raleigh-Durham area of North Carolina.
More than half of the affected employees are part-time workers.
“After a thorough evaluation of the market for a significant time period, we have decided to close out stores in the highly competitive Raleigh-Durham market,” said Jerry Clontz, president of Kroger’s mid-Atlantic division. “While we have had some success, we have not been able to grow our business the way we would like in this market.”
Eight of the 10 stores will be sold to Harris Teeter, a regional grocery store chain owned by Kroger.
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