Headlines

Kroger to Close Dozens of Jewelry Stores Permanently

Fred Meyer Jewelers will maintain a presence in certain states and online.

Published

4 years ago

May 6, 2020

INSTORE Staff

Kroger Co. plans to close many of its Fred Meyer Jewelers stores throughout the U.S.

Seventy-one Fred Meyer locations that operate within Kroger Marketplace stores will close by the end of May, the Cincinnati Business Courier reports.

The grocer said in a statement: “As part of our ongoing portfolio review, we have evaluated the business performance of Fred Meyer Jewelers in our Marketplace stores. We have made the decision to bring more focus to our vision of service America with food inspiration and uplift.”

Fred Meyer Jewelers will continue its presence in the Pacific Northwest and Utah, in select malls, and online, Kroger stated.

Cincinnati-based Kroger operates 2,757 supermarkets and multi-department stores in 35 states and Washington, DC. Before the planned Fred Meyer Jewelers closures, it maintained 242 jewelry stores.

Read more at the Cincinnati Business Courier

INSTORE Staff

Over the years, INSTORE has won 80 international journalism awards for its publication and website. Contact INSTORE's editors at editor@instoremag.com.

click to Comment(Comment)

Up Next

Stuller Resumes Operations Following COVID-19 Closure

Don't Miss

Nearly Three-Quarters of Jewelry Retailers Surveyed Expect Changes to Last

This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”