Kroger plans to close its long-standing Broad Ripple store at 6220 Guilford Ave. because of poor financial performance, the company announced Tuesday morning.
“In spite of our associates’ best efforts, the store has not operated profitably for several years and research indicates a turnaround is not realistic,” Kroger said in a prepared statement.
The Broad Ripple store, which has been in operation since 1954, will close in about 30 days, Kroger said.
The nearly 40 employees at the Broad Ripple location will have the opportunity to transfer to other Indianapolis stores.
Kroger has about 70 stores in the Indianapolis area. The closest locations to Broad Ripple are its store north of Glendale, less than two miles away at 2629 E. 65th St.; and its Nora store, less than four miles away at 1365 E. 86th St.