Boulder County-Based Lucky's Market Closing Stores

BOULDER COUNTY, CO — The Niwot-based grocery store chain Lucky's Market is closing dozens of stores across the country after Kroger announced it would sell off its stake in the chain. The majority of its store closures will occur in Florida, according to a report by the South Florida Sun Sentinel.

Up to 32 of the chain's 39 stores could close in 10 states.

Lucky's Market, which was founded in Boulder in 2003 by Bo and Trish Sharon, was partially-owned by the Krogers supermarket chain beginning in 2016 — the same year Lucky's began its expansion into Florida.

The Florida closures will impact around 2,500 employees, the Sun Sentinel reported. Only the chain's West Melbourne store will remain open.

The chain has also halted plans to open a store in Denver's Lowry neighborhood, The Denver Post reported. The new store was slated to be built as part of the Boulevard One project, on South Quebec Street and East First Avenue.

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Kroger said its investment in Lucky's led to a $107 million net loss. Lucky's Market is searching for a new buyer to replace Kroger.