Lucky’s Market closes Longmont liquor store in wake of Kroger investment
Boulder-based natural-foods grocer Lucky’s Market’s investment from Kroger Co., has caused the closure of Lucky’s liquor store in Longmont.
The Times-Call reports that the closure is due to Colorado’s law permitting retail chains only one full-service liquor license in the state. Lucky’s Liquor had operated at 700 Ken Pratt Blvd., next door to the chain’s Longmont grocery store. Kroger already operates a store with a full liquor license in Glendale.
The paper reports, however, that the forced closure of the Longmont liquor store does not indicate whether Kroger’s investment in Lucky’s was for a majority stake or not since any size of investment would have triggered the move.
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Lucky's Market closes Longmont liquor store in wake of Kroger investment