Natural Grocers says theft, safety issues behind closure of Colfax Avenue location in Denver [CBS News]
Kroger Company (The) (KR)
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Source: CBS News
The company says the decision was made after careful consideration of its operating challenges, including theft and safety issues. The store is located in a crime hotspot for the Denver Police Department. A Walmart further east on Colfax in Aurora also closed this year for issues related to crime. In a statement, Kemper Isely, Co-President of Natural Grocers, said: "We have been actively working to address the theft and safety issues impacting our store at Colfax and Washington for some time. Despite our investment in security and loss prevention strategies over the years, these factors have continued to challenge our ability to operate our store safely and sustainably, and we have made the difficult decision to close our doors at this location. This was not an easy decision." The store is one of 46 Natural Grocers locations in Colorado. The location's closure doesn't leave the area in a food desert. There's a Safeway, and King Soopers is not far away. Those companies also add
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