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Grocery Pain Spreads as Kroger-Backed Lucky’s Goes Bankrupt

  • Most stores already closed; Aldi is bidding for some of them
  • Kroger took $238 million impairment on stake last year
Customers shop at a Lucky’s Market grocery store in Plantation, Florida. 

Customers shop at a Lucky’s Market grocery store in Plantation, Florida. 

Photographer: Joe Raedle/Getty Images
Updated on

Lucky’s Market, a Colorado-based grocer that bills itself as offering “organic for the 99%,” filed for bankruptcy after it began closing most of its stores. About 3,000 jobs are at stake.

The company listed assets of as much as $500 million and liabilities of at least that amount in a bankruptcy petition filed Monday in Delaware.