The Fresh Market is closing all its stores in Texas, Iowa, Missouri and Kansas. Thirteen stores will close in total.
The news follows The Fresh Market's $1.36 billion acquisition by Apollo Global Management.
Store closings were "a difficult but necessary step with the end goal of producing a strong, more agile company," said CEO Rick Anicetti.
"This shift also allows us to focus our energy and resources on the growth of our remaining stores, as well as new stores we have planned in the future. We continue to pursue our strategy of offering exceptional products, engaging shopping experiences, and great customer service across all our stores," he said.
The Fresh Market will continue to operate 162 stores in 19 states.
The Greensboro, North Carolina–based supermarket chain began exploring the possibility of a sale last fall. At one point Kroger was rumored to have an interest in the specialty foods chain, but the the sale ultimately went to the private equity firm.
- see this Houston Chronicle story
- see this Consumerist article