Skip to content
Join our newsletter for news & blogs on-the-go. Subscribe Here!
FrankNez - Retail News, Financial News, Economy News, Stock Market News, Business News About FrankNez FrankNez

Financial News & Journalism

FrankNez - Retail News, Financial News, Economy News, Stock Market News, Business News About FrankNez FrankNez

Financial News & Journalism

  • News
  • Economy
  • U.S. Banking
  • Stock Market
  • Business
  • Retail Investors
  • Hedge Funds
  • Market Manipulation
  • Blog
  • About
    • Editorial Policy
    • Privacy Policy
  • News
  • Economy
  • U.S. Banking
  • Stock Market
  • Business
  • Retail Investors
  • Hedge Funds
  • Market Manipulation
  • Blog
  • About
    • Editorial Policy
    • Privacy Policy
Close

Search

  • Facebook
  • X
  • LinkedIn
Subscribe
FrankNez - Retail News, Financial News, Economy News, Stock Market News, Business News About FrankNez FrankNez

Financial News & Journalism

FrankNez - Retail News, Financial News, Economy News, Stock Market News, Business News About FrankNez FrankNez

Financial News & Journalism

  • News
  • Economy
  • U.S. Banking
  • Stock Market
  • Business
  • Retail Investors
  • Hedge Funds
  • Market Manipulation
  • Blog
  • About
    • Editorial Policy
    • Privacy Policy
  • News
  • Economy
  • U.S. Banking
  • Stock Market
  • Business
  • Retail Investors
  • Hedge Funds
  • Market Manipulation
  • Blog
  • About
    • Editorial Policy
    • Privacy Policy
Close

Search

  • Facebook
  • X
  • LinkedIn
Subscribe
Latest
Trump’s New SEC Now Delays Hedge Fund Rules Until 2027
US Banks Are Now Under Investigation For Wrongfully Closing Accounts
Employees Stress Over More Amazon Layoffs in 2026
Regulators Are Now Avoiding Communication with Next Bridge on MMTLP
US Banks Now Receive Subpoenas Following a Massive Margin Call
Bank of America Branch Closures Now Surge Before Year Ends
JPMorgan Firm Now Barred by Regulator for Illegal Trading
Investors Now Press Trump on The MMTLP Scandal: What’s Next?
Home/Banking News/A Popular Grocery Chain Now Makes An Unexpected Closure
Market News Today - A Popular Grocery Chain Now Makes An Unexpected Closure

A Popular Grocery Chain Now Makes An Unexpected Closure

By Frank Nez
April 30, 2024
2

A popular grocery chain now makes an unexpected closure in North Carolina after announcing a major location would shutter for good.

The Carlie C’s IGA store on Garner Station Boulevard made the announcement just two days before beginning the closing process.

The locally-owned grocery chain, with over 30 locations across the Carolinas, now has one less store under its portfolio.

And many customers aren’t taking the news well, with some questioning whether there’s something else behind the store’s abrupt closure.

“What is the deal with the landlord all of a sudden canceling a lease?” one user asked.

“Of course, I am referring to Ragazzi’s which went through the same thing recently.

And now Carlie C’s!

Makes you wonder what the landlord has planned,” they added.

“This is gonna be a great loss to that area,” wrote another user.

Employees were notified of the closure at 1514 Garner Station Blvd in Raleigh on April 18, marketing director Malia Allen told The News & Observer.

The location began shutting down immediately, with staff moving out inventory and discounting groceries on April 22.

According to The News & Observer, the store’s closing would depend on how quickly groceries and inventory were sold.

An announcement of the closing came after the building’s landlord said they were canceling the lease, per a Facebook post by Carlie C’s IGA.

Carlie C’s IGA said despite the closure, it’s still committed to its employees and community.

“All affected full-time employees will be offered positions at other Carlie C’s IGA locations, ensuring continuity of employment and support during this transition period,” said the store on Facebook.

The grocer said it’s still “look[ing] forward to serving customers at [its] nearby stores on New Bern Avenue in Raleigh and in Angier.”

“This is the second store closed,” wrote one Facebook user on the post, to which the Carlie C’s replied, “Yes, we closed our College St. location earlier this year.”

The store said that it has “no intentions of closing any more stores anytime in the near future” and shut the doors of its College St. location for the same reason — it also rented but didn’t own, the space, reported The News & Observer.

For more news and updates like this, opt-in for push notifications.

Also Read: A Massive Grocery Chain With 400 Stores Is Now Closing

Other Economy News Today

Market News Today - A Popular Grocery Chain Now Makes An Unexpected Closure.
Market News Today – A Popular Grocery Chain Now Makes An Unexpected Closure.

A massive shoe retailer now announces a new wave of layoffs to hit headquarters this summer, affecting over 700 employees.

Nike has announced its ‘second phase’ of mass layoffs, effective June 28, according to a Worker Adjustment and Retraining Notification (WARN) filing.

A total of 740 employees will be impacted in the retailer’s home state.

The layoffs are part of the 2% workforce reduction Nike announced in February, which is taking place across two phases, the company confirmed via email.

Nike said job titles and the number of employees in each category would be provided at a later date, once the company has determined them.

Bumping rights are not available for the impacted employees, reports Retail Dive.

“Nike’s always at our best when we’re on the offense. The actions that we’re taking put us in the position to right-size our organization to get after our biggest growth opportunities as interest in sport, health and wellness have never been stronger,” Nike said in a statement.

“While these changes will impact approximately 2% of our total workforce, we are grateful for the contributions made by all Nike teammates.”

The layoffs are tied to a cost-savings plan Nike unveiled in December, which is aimed at generating up to $2 billion in cumulative savings over three years.

Based on the company’s last annual report, the layoffs to 2% of its total workforce will impact more than 1,600 people.

Savings from the plan are set to be reinvested in driving growth, innovation and profitability.

For more news and updates like this, opt-in for push notifications.

Also Read: A Massive Grocery Brand Now Files For Chapter 11 Bankruptcy

Market News Published Daily 📰

Market News Today - A Popular Grocery Chain Now Makes An Unexpected Closure.
Market News Today – A Popular Grocery Chain Now Makes An Unexpected Closure.

Don’t forget to opt-in for push notifications so you don’t miss a single article!

Also, thank you to all of our blog sponsors.

This year we’ve been able to increase push notifications slots making it more convenient than ever for new readers to receive their daily market news and updates.

Scroll below to view my stock purchases this month!

You can also follow me on X (Twitter), Instagram, Facebook, or LinkedIn for daily news and updates on your favorite stories.

More Market News 📰

Frank Nez’s Stock Portfolio

Wondering which stocks Frank Nez is holding? Which stocks is Frank Nez buying?

Frank Nez is now sharing his exclusive and personal stock portfolio with readers, only on the Patreon.

11/16/2023 – Today I invested $1,000 in two different stocks for a brand new stock dividend portfolio I am creating for 2024.

View Stock Portfolio

Recommended For You ✨

  • A Massive US Bank is Now Closing Credit Cards
  • SNAP Benefits Will Now Increase For The Year 2024
  • California Now Has Massive Departures As Hundreds of Thousands Leave
  • The US Treasury Direct is Now Freezing Customer Accounts
  • Wells Fargo is Now Freezing Bank Accounts in New Scandal
  • A Giant Company Now Announces Unexpected Layoffs in Virginia


Tags:

Business NewsFinance NewsInvesting NewsJPMorganMarket NewsStock Market News
Author

Frank Nez

Frank Nez is an American entrepreneur, journalist, writer, and investor. Frank's work has been cited by SEC and Congressional reports. Franknez.com is a personal finance and market news publication, dedicated to publishing content on money, investing, entrepreneurship, and retail investor news.

Follow Me
Other Articles
Market News Today - An Unexpected Retailer Now Confirms A Closing Liquidation Sale
Previous

An Unexpected Retailer Now Confirms A Closing Liquidation Sale

Market News Today - A Breakfast Chain Now Makes An Unexpected Closure in Georgia
Next

A Breakfast Chain Now Makes An Unexpected Closure in Georgia

2 Comments
  1. Frank Nez says:
    April 30, 2024 at 7:51 pm

    Leave your thoughts below.

    Log in to Reply
  2. Frank Nez says:
    April 30, 2024 at 7:51 pm

    For more news and updates like this, opt-in for push notifications.

    Log in to Reply

Leave a Reply Cancel reply

You must be logged in to post a comment.

NEW POSTS

  • SEC Delays Hedge Fund Rules 2027
    Trump’s New SEC Now Delays Hedge Fund Rules Until 2027
  • US Banks Are Now Under Investigation For Wrongfully Closing Accounts
    US Banks Are Now Under Investigation For Wrongfully Closing Accounts
  • Amazon Layoffs 2026
    Employees Stress Over More Amazon Layoffs in 2026
  • Regulators Are Now Avoiding Communication with Next Bridge on MMTLP
    Regulators Are Now Avoiding Communication with Next Bridge on MMTLP
  • US Banks Now Receive Subpoenas Following a Massive Margin Call
    US Banks Now Receive Subpoenas Following a Massive Margin Call
Unlock your personal brand ebook

Trending Market News 📈

US Banks Now Receive Subpoenas Following a Massive Margin Call

US Banks Now Receive Subpoenas Following a Massive Margin Call

Frank Nez
By Frank Nez
August 26, 2026
JPMorgan Firm Barred by regulator for illegal trading

JPMorgan Firm Now Barred by Regulator for Illegal Trading

Frank Nez
By Frank Nez
August 24, 2026
Investors now press Trump on MMTLP scandal - MMTLP news

Investors Now Press Trump on The MMTLP Scandal: What’s Next?

Frank Nez
By Frank Nez
August 22, 2026
The ASSET Act allows banks and credit unions to freeze bank accounts

Certain Banks and Credit Unions Can Now Freeze Accounts Under New Law

Frank Nez
By Frank Nez
August 22, 2026
Jane Street $15 Billion Loss

Margin Call Forces Citadel Rival Into $15 Billion Loss

Frank Nez
By Frank Nez
August 18, 2026
Housing News - Gen Z And Millennials Are Now Choosing Stocks Over Houses

Gen Z And Millennials Are Now Choosing Stocks Over Houses

Frank Nez
By Frank Nez
August 9, 2026
Will AMC Stock go up?

3 New Signs AMC Stock Will Continue to Skyrocket

Frank Nez
By Frank Nez
July 20, 2026
Market Manipulation News - Andrew Left

Famous Short Seller Said Market Manipulation Was Like “Taking Candy From a Baby”

Frank Nez
By Frank Nez
June 8, 2026
Vanguard and BlackRock Now Enter Lawsuit For Market Manipulation

Vanguard and BlackRock Now Enter Lawsuit For Market Manipulation

Frank Nez
By Frank Nez
August 5, 2025
Citadel Securities Is Now Warning The SEC About Using Blockchain

Citadel Securities Is Now Warning The SEC About Using Blockchain

Frank Nez
By Frank Nez
July 22, 2025

About

FrankNez is a leading journalism & independent media platform that thrives on community. Read the latest in U.S. Economy, Banking, Markets, and more.

Email: contact@franknezmedia.com

Contact: media@franknez.com

Recent Posts

  • Trump’s New SEC Now Delays Hedge Fund Rules Until 2027
  • US Banks Are Now Under Investigation For Wrongfully Closing Accounts
  • Employees Stress Over More Amazon Layoffs in 2026
  • Regulators Are Now Avoiding Communication with Next Bridge on MMTLP
  • US Banks Now Receive Subpoenas Following a Massive Margin Call

Mentioned By

Yahoo Finance - FrankNez

Company

Privacy Policy

Editorial Policy

About FrankNez

Copyright 2026 — FrankNez. All rights reserved.