NC-based supermarket Earth Fare to close all locations

  • NC-based supermarket Earth Fare to close all locations

NC-based supermarket Earth Fare to close all locations

Asheville-based Earth Fare Inc.is closing all its grocery stores - a move that impacts several stores in the Charlotte region.

Officials said though the company had attempted in recent years to expand and offer a better customer experiences, the stores had faced financial woes. In addition to the three in Northeast Ohio, there were stories in Fort Wayne, Indiana, and Kalamazoo, Michigan.

Earth Fare was founded in 1975. "As such, we have made the hard, but necessary decision to commence inventory liquidation sales while we continue to engage in a process to find potential suitors for our stores", the company said in its release.

Inventory liquidation sales are beginning at Earth Fare, which also said store fixtures would be available for purchase. Private investment firm Oak Hill Partners acquired a majority stake in the company in 2012.

According to a press release, all employees have been notified.

The company is seeking a buyer for its stores.

Columbia's lone Earth Fare store, on Devine Street, will close with all the others, company spokesperson Jennifer Mercer confirmed to The State.

Earth Fare cited financial stress as one of the reasons for its closure.

Earth Fare's 22,700 square-foot location at the new Renaissance Market on Military Cutoff Road features a pizza, sandwich and sushi kitchen as well as a juice and smoothie bar.

Going-out-of-business sales will include "significant price reductions", the announcement said.

In July, a new discount grocery store called United Grocery Outlet opened in the former Save-A-Lot location at 1103 N. Roan St. The two were fighting for the same organic, healthful part of the market that Whole Foods occupies.