Publix continues to expand in N.C.
Publix continues to expand in N.C.
Publix Super Markets Inc. and Lowes Foods LLC have announced the companies have entered into an agreement under which Publix is expected to purchase two closed and vacant Lowes Foods stores in North Carolina. The transaction is projected to close later in April.
“We’ve opened eight stores in North Carolina within the past year, solidifying our commitment to growth within the state," Ed Crenshaw, chief executive officer of Publix, said in a press release. “Our associates continue to provide customers with premier service, quality products and an enjoyable shopping experience. As the largest employee-owned supermarket in the nation, our associates are passionate about serving customers, and meeting and exceeding their expectations. Our service-oriented culture is continuing to foster a loyal customer following in North Carolina and across all our market areas.”
"As a homegrown grocer serving our guests in the Carolinas since 1954, we continue to be excited about the future of Lowes Foods," Lowes Foods President Tim Lowe said in the release. "The sale of these closed and vacant store locations is part of our comprehensive growth strategy that includes accelerating investment in rebranding existing stores, building new stores and evaluating strategic marketplace opportunities."