Lake City Fred Meyer to close

Shoreline, WALocal News

Kroger will close its Fred Meyer store in Lake City by mid-October, citing ongoing shoplifting as the primary reason. This closure is part of a wider trend affecting multiple stores, including locations in Redmond, Everett, Kent, Tacoma, and a QFC in Mill Creek. Despite the company's claims, data from at least one store indicates that theft has decreased since the pandemic's end. Kroger's previous merger attempt with Albertsons failed last year, raising questions about its financial health. Community feedback highlights the deterioration of the Lake City area, with increased crime and homelessness contributing to the store's closure.

Residents report visible signs of drug use and crime near the store, leading to concerns about safety and profitability. Grocery stores typically operate on narrow profit margins, making them vulnerable to losses from theft and the need for increased security measures. The closure signals a significant shift in the local retail landscape, affecting both employment and access to groceries.

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