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Lowes Foods’ Growth Strategy Includes Adding, Remodeling Stores

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Last updated on August 1st, 2024 at 11:48 am

Lowes Foods opened a new location July 25 in Aiken, South Carolina. This expansion marks the grocer’s first entry into the greater Augusta, Georgia, market and falls in line with its growth strategy to invest in new stores and remodel older locations.

As part of the strategy, Alex Lee Retail, Lowes Foods’ parent company, is adjusting its portfolio by closing three stores by the end of August: Lowes Foods at 805 Pine Grove Drive in Wilmington, North Carolina; Lowes Foods at 8201 Rowlock Way at Cornerstone Commons in Raleigh, North Carolina; and Kj’s Market at 110 U.S.  Highway 52 in Moncks Corner, South Carolina.  

In addition, Alex Lee Retail has renovated two Kj’s Markets in Florence, South Carolina, during the last year as part of a new brand experience, and will renovate Kj’s on Kelley Street in Lake City, South  Carolina, in coming months. Lowes Foods has several store openings pending: Concord, Kannapolis and Waxhaw in North Carolina, and Indian Land and Lexington, South Carolina.

[RELATED: Lowes Foods Elevates Food Safety, Productivity With SmartSense]

 

“We are working closely with store hosts who work at the three stores slated to close to offer them positions at other stores where possible,” said Tim Lowe, head of retail for Alex Lee and president of Lowes Foods.

“Alex Lee Retail is deeply committed to providing an exceptional shopping experience for  our guests, and we are excited about the future of Lowes Foods, Kj’s Market and our IGA locations as we continue to invest and build for future growth.”  

In addition to the Lowes Foods opening in Aiken and its pending openings, the grocer opened new stores in Winterville, North Carolina, earlier this year and in Pittsboro, North Carolina, in 2023.

About Lowes Foods

Founded in 1954, Lowes Foods employs about 9,000 people and operates more than 80 full-service supermarkets in the Carolinas. Locally-owned and -operated, Lowes Foods is a homegrown company, maintaining a focus on customer service with services like Lowes Foods-To-Go personal shopping and gas rewards discounts.



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Sommer Stockton

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Sommer joined The Shelby Report in January 2022 after graduating from Brenau University in Gainesville, GA with a B.A. and M.A. in Communications and Media Studies. Sommer is excited to learn about the grocery industry and share her findings with The Shelby Report's readers!

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