Is Montrose Kroger closing?

Is Montrose Kroger closing?

It’s the end of an era. The Houston grocery store known widely as Disco Kroger is closing. The company announced the location at 3300 Montrose Boulevard in Montrose will shut down in mid-January 2021.

What happened to the Kroger on Montrose?

Cincinnati-based Kroger Co. will shut down its location in the 3300 block of Montrose Boulevard in mid-January, the company said. The Kroger location on Montrose has been open for more than 42 years, according to the company. It’s the latest in central Houston to close permanently over the past year.

Why is Kroger closing?

Kroger, the largest supermarket chain in the US which makes hundred of millions of dollars in profits, is shutting down grocery stores and laying off scores of employees in response to local hazard pay rules for essential workers even as the coronavirus pandemic continues to rage.

Who bought out Kroger?

Kroger (KR) is selling its nearly 800 convenience stores to British operator EG Group for $2.15 billion, the U.S. grocery chain said Monday in a statement. Kroger intends to use proceeds from the sale to repurchase shares and reduce its debt.

Is Kroger disco closing?

It was made public recently that Kroger will be leaving its longtime home along Piedmont Road in Buckhead. The store, known to many as “Disco Kroger,” is slated to close in “about a year,” just shy of what would have been its 50th birthday in 2025.

How many Kroger stores are in the Houston area?

111 stores
Kroger has been a player in the Houston market since 1955. Today the company has 111 stores and 16,000 employees in the Houston division, which includes the Brazosport area, Katy, Bryan-College Station, Huntsville, Beaumont and Lake Charles. The Houston area’s hot grocery market streak continues.

What is happening with Kroger?

Kroger made headlines earlier this year when it started shutting down some of its stores and laying off hundreds of employees in Southern California and Seattle after hazard pay ordinances passed in both areas. Now, the grocery store chain is closing even more locations, and this time, the stores are further east.

Is Kroger struggling financially?

Based on the latest financial disclosure, Kroger Company has a Probability Of Bankruptcy of 15.0%. This is 58.54% lower than that of the Consumer Defensive sector and 65.4% lower than that of the Grocery Stores industry.

How many Kroger stores are closing?

Almost 10 stores have closed so far this year. Kroger made headlines earlier this year when it started shutting down some of its stores and laying off hundreds of employees in Southern California and Seattle after hazard pay ordinances passed in both areas.

What is replacing Disco Kroger?

[EXCLUSIVE] Publix to Replace “Disco Kroger” in Buckhead.

When did limelight Atlanta close?

Located in a strip mall shopping center near the intersection of Peachtree and Piedmont Roads, the Limelight, a mega-sized disco nightclub, operated from 1980 to 1987, becoming known as the “Studio 54 of the South.” The Limelight famously featured such innovations as a glass dance floor, a snow machine, a confetti …