Lucky's Market
 | |
| Company type | Private |
|---|---|
| Industry | Retail |
| Founded | 2003 in Boulder, Colorado |
| Founders | Bo and Trish Sharon |
| Headquarters | , U.S. |
Number of locations | 39 stores (2019) |
Area served | United States |
| Products | Supermarket |
| Owner | Bo and Trish Sharon (with partial investment by Kroger |
| Website | luckysmarket |
Lucky's Market is an American supermarket chain started in Boulder, Colorado. Founded in 2003 by Bo and Trish Sharon, the chain focuses primarily on organic food. Since 2016, the company has been partial owned by the Kroger supermarket chain.
History
Bo Sharon and his wife, Trish Sharon, founded Lucky's Market in Boulder, Colorado in 2003. The two had taken over a grocery store then known as the North Boulder Market, and renovated it. The couple chose to make a store focusing primarily on organic food. After operating their first store for ten years, they then opened a second store in Longmont, Colorado.[1] The first expansion beyond Colorado was Columbus, Ohio, in which the chain built its first stores in 2013.[2] Supermarket News described the store's format as "value-priced natural and organic foods served in a hip and playful atmosphere targeting foodies". Many stores allow customers to sample craft beers while shopping.[3]
Lucky's expanded into Florida in 2016, and had eight stores in the state by late 2017. Their expansion coincided with expansions in the state from competing chains such as Sprouts Farmers Market and Earth Fare.[4]
The Kroger Co. made a large investment in Lucky’s Market in 2016.[5] This investment has allowed the chain to accelerate the rate of store opening and the chain planned to open 50 stores in Florida by 2020.
In August 2019, Lucky's started to distribute Kroger's Simple Truth private label organic products.[6]
In December 2019, Kroger announced that they are divesting themselves of the chain.[7]
References
- ^ Parks, Andrew (July 2016). "This Couple Trusted Their Gut to Reinvent an Organic Grocery Store". Entrepreneur. Retrieved 10 February 2018.
- ^ Eaton, Dan (October 21, 2013). "Lucky's Market founder sees safe bet in Columbus". Columbus Business First. Retrieved 10 February 2018.
- ^ Springer, Jon (December 8, 2016). "Lucky's CEO forecasts additional new sites in 2017". Supermarket News. Retrieved 10 February 2018.
- ^ Griffin, Justine (February 10, 2017). "Lucky's Market plans further expansion into Florida this year". Tampa Bay Times. Retrieved 10 February 2018.
- ^ "Kroger & Lucky's Market Announce Strategic Partnership". PR Newswire (Press release). April 1, 2016.
- ^ Browne, Michael (August 27, 2019). "Lucky's adds Kroger's Simple Truth private label: Natural food retailer will carry organic product line". Supermarket News.
- ^ Nickle, Ashley (December 5, 2019). "Kroger to divest itself in Lucky's Market". Produce Retailer. Retrieved 29 December 2019.