NC-Based Grocer Earth Fare To Close All Of Its Stores
Earth Fare, an organic grocery-store chain based in North Carolina, is closing all of its stores.
Among the company’s more than 40 locations are two in Guilford County: one in Greensboro, and a High Point location that just opened last year. There’s also an Earth Fare store in Boone.
The company is headquartered in Asheville. Most of their stores are in the South but can be found as far away as Michigan. The closings will mark an end to a business that has been around since 1975.
“Earth Fare has been proud to serve the natural and organic grocery market, and the decision to begin the process of closing was not easy,” the company said in a release.
Earth Fare officials say they are looking for potential buyers. But as for now, the grocery chain can’t refinance its debt, and initiatives aimed at growing and expanding the company have not made enough money for it to stay in business.
Earth Fare says employees have been notified of the closures and the company is now working on selling off its assets.