The Fresh Market Is The Latest Casualty In Houston's Grocery Wars

On Tuesday, the specialty grocer The Fresh Market announced it will be closing 13 stores across the US, including all four locations in Houston. Employees at the stores off Memorial Drive, San Felipe, Bay Area Boulevard (Webster) and West Holcombe have been offered the option to apply for a position at another location as the company hopes to bolster its remaining stores, reports the Houston Chronicle.

Houston retail is a battleground. Major grocery chains are butting heads all across the city, driving development. The Fresh Market was not only up against superstore giants like HEB and Kroger, but also other specialty store heavy-hitters like Trader Joe's, Whole Foods and Sprouts. In the end, Houston's super-competitive market didn't fit into the company's national strategy. [Chron]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Wall Street Impatient For Big Tech Returns On Data Center Spending

As AI Adoption Ramps Up, Half A Million Property Managers Are In The Crosshairs

Treasuries Hover Around 4.7% As Wall Street Questions If Warsh Is A 'Dove In Hawk's Clothing'

The Wideman Co. Buys Downtown Tower From Brookfield: The Houston Deal Sheet

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Philly Retail Momentum Spills From Rittenhouse Into Northern Liberties

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Churchill Downs Plans To Sell 9 Casinos, Focus On Horse Racing

Bringing Stability And Savings To CRE Insurance Through Working Layer

More Hotel Owners In Need Of Cash Are Getting It From The Big Brands

Forget Buildings, Retailers Are Leasing Environments

Former Arms Dealer Targeting Heartland Apartment Takeover Files For Bankruptcy