NO LOVE AT KROGER MARKETS (04/07/24)

Am I Next? Layoffs, Store Closings at Krogers (North Carolina)

APRIL 7, 2024 — KRONGER EXITS TEXAS

The company has announced that it will shut down its delivery services in San Antonio, Texas, and Austin, Texas, by the end of May 25, 2024.

The closure of delivery hubs will impact 125 employees, including 73 employees in San Antonio, and 52 employees in Austin. 102 employees are said to be delivery drivers.

JUNE 15, 2018 — Original Post…

Cincinnati, Ohio-based Kroger Markets, the largest U.S. supermarket chain by revenue, announced the company plans to exit the highly competitive Raleigh-Durham market in North Carolina with the sale of its 14 stores and the layoff of approximately 1,500 employees. Curiously, it is believed that eight of the stores will be sold to Matthews, North Carolina-based Harris Teeter Supermarkets, which was acquired by Kroger in 2014. 

According to Jerry Clontz, president of the Mid-Atlantic Division of Kroger, "We have decided to close our stores in the highly competitive Raleigh-Durham market. We have not been able to grow our business the way we would like in this market."

Competition in groceries and non-foods markets has been undergoing rapid change with the entry of Amazon and the availability of home delivery from larger players in an attempt to capture shoppers. The days when a large family would spend hundreds of dollars in a single-store bi-weekly or monthly shopping trip are over as consumer buying patterns appear to feature smaller purchases at multiple stores, and even higher-priced neighborhood convenience markets

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?