2 days Ago By Chris Bradford
GROCERY store executives have confirmed one of its outlets is to close, forcing shoppers to scramble for alternatives.And, the closure will take place earlier than anticipated. A Kroger location in Nashville is to closeWSMV-TVAlamyShoppers will have to seek an alternative (stock)[/caption]Customers who rely on the location will have to find a new place to shop for at least six months, as reported by the NBC affiliate WSMV-TV.
The closure impacts Kroger and its rivals such as Publix and Save-a-Lot could be in line to benefit.Kroger chiefs have even admitted that the shutdown could cause issues for some shoppers.The chain has teamed up with a local transport company to try and alleviate pressure on certain customers.
“Recognizing that transportation may be a concern for some neighbors, we’ve also initiated conversations with WeGo Transit to explore potential solutions that could help ease access to nearby Kroger locations,” a representative said.The store closure will impact shoppers in Nashville.But, certain services will still be available to the brand’s loyal customers.
Shoppers can still get medication from the pharmacy and fill up their cars from the gas station.Kroger has revealed the reason why the store is closing. It’s part of a $22 million renovation project.
The pending closure will come just months after another Kroger store in the city was forced to move.Kroger chiefs had to move to a new site after a local shopping mall was sold.The store at the mall closed its doors on January, 31.
Execs revealed that workers were given the opportunity to move to a new location.US braces for '45,000 store closures'Some 45,000 bricks-and-mortar stores could close in the next five years, experts have warned.Several major retailers have announced store closures or gone out of business altogether in recent years.
In 2023, chains such as Foot Locker announced plans to close up to 400 outlets by 2026.While, other well-known retailers like Tuesday Morning and Mitchell Gold + Bob Williams filed for bankruptcy in 2023. Bed Bath & Beyond has closed all of its brick-and-mortar stores and is now an online-only retailer.
The most affected retailers have been clothing, consumer electronics, sporting goods, hobby, book, music, and home furnishing stores since the start of 2019.UBS has predicted the total number of retail stores will drop by 45k from 958k to 913k.Despite that, the report says that certain stores should thrive while others decline.
It said retailers such as Walmart, Costco, Home Depot, and Target, could be among the winners.Last year, execs at major retailers such as Walmart trimmed their store portfolios.The major retailer closed five stores in California over the course of the year.
Stores in Colorado, Georgia, Ohio and Wisconsin also shuttered. The U.S.
Sun has reported how chiefs at major retailers such as JCPenney, Kohl’s and Forever 21 are closing down outlets.Kohl’s chiefs shuttered 27 underperforming locations in 15 states.At least eight JCPenney locations are set to close, as reported by USA Today.
Chiefs at Forever21 are in the process of closing stores after filing for bankruptcy in March.All stores are expected to close by May 1.Shoppers were warned earlier this week that gift cards had to be redeemed.
Customers are unable to process returns, as reported by the ABC affiliate WPVI-TV..
